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FEDERAL RESERVE BANKS ANDBRANCHES(December 31, 1970)
CHAIRMEN AND DEPUTY CHAIRMEN OFBOARDS OF DIRECTORS
Federal ReserveBank of—
BostonNew YorkPhiladelphiaClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco
Chairman andFederal Reserve Agent
James S. DuesenberryAlbert L. NickersonWillis J. WinnAlbert G. ClayWilson H. ElkinsEdwin I. HatchEmerson G. HigdonFrederic M. Peirce(Vacancy)Dolph SimonsCarl J. ThomsenO. Meredith Wilson
Deputy Chairman
John M. FoxJames M. HesterBayard L. EnglandJ. Ward KeenerRobert W. Lawson, Jr.John C. WilsonWilliam H. FranklinSmith D. Broadbent, Jr.David M. LillyWillard D. Hosford, Jr.Chas. F. JonesS. Alfred Halgren
C O N F E R E N C E O F C H A I R M E N
The Chairmen of the Federal Reserve Banks are organized into a Conferenceof Chairmen that meets from time to time to consider matters of common in-terest and to consult with and advise the Board of Governors. Such a meeting,attended also by Deputy Chairmen of the Reserve Banks, was held in Washing-ton on December 3-4, 1970.
Mr. Winn, Chairman of the Federal Reserve Bank of Philadelphia, who waselected Chairman of the Conference and of its Executive Committee in Decem-ber 1969, served in that capacity until the close of the 1970 meeting. Mr. Clay,Chairman of the Federal Reserve Bank of Cleveland, and Mr. Nickerson,Chairman of the Federal Reserve Bank of New York, served with Mr. Winn asmembers of the Executive Committee; Mr. Clay also served as Vice Chairmanof the Conference.
On December 4, 1970, Mr. Clay was elected Chairman of the Conferenceand of its Executive Committee to serve for the succeeding year; Mr. Nicker-son was elected Vice Chairman of the Conference and a member of the Execu-tive Committee; and Mr. Wilson, Chairman of the Federal Reserve Bank ofSan Francisco, was elected as the other member of the Executive Committee.
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F.R. BANKS AND BRANCHES—Cont.
DIRECTORS
Class A and Class B directors are elected by the member banks of the district.Class C directors are appointed by the Board of Governors of the FederalReserve System.
The Class A directors are chosen as representatives of member banks and, asa matter of practice, are active officers of member banks. The Class B directorsmay not, under the law, be officers, directors, or employees of banks. At thetime of their election they must be actively engaged in their district in commerce,agriculture, or some other industrial pursuit.
The Class C directors may not, under the law, be officers, directors, em-ployees, or stockholders of banks. They are appointed by the Board of Gover-nors as representatives not of any particular group or interest, but of the publicinterest as a whole.
Federal Reserve Bank branches have either five or seven directors, of whom amajority are appointed by the Board of Directors of the parent Federal ReserveBank and the others are appointed by the Board of Governors of the FederalReserve System.
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DIRECTORS District 1—BOSTON Dec. 31
Class A:William R. Kennedy President, Merrimack Valley National Bank,
Andover, Mass 1970John Simmen Chairman of the Board and Chief Executive
Officer, Industrial National Bank of RhodeIsland, Providence, R.I 1971
Tucker H. David Executive Vice President, The Deep River Na-tional Bank, Deep River, Conn 1972
Class B:James R. Carter Chairman of the Board, Nashua Corporation,
Nashua, N.H 1970W. Gordon Robertson. .General Trustee, Bangor Punta Corporation,
Bangor, Maine 1971F. Ray Keyser, Jr Vice President, Vermont Marble Company,
Proctor, Vt 1972
Class C.-John M. Fox President, United Fruit Company, Boston,
Mass 1970James S. Duesenberry...Professor of Economics, Harvard University,
Cambridge, Mass 1971Louis W. Cabot Chairman of the Board, Cabot Corporation,
Boston, Mass 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Cont. District 2—NEW YORK Dec. 31
Class A:R. E. McNeill, Jr Chairman of the Board, Manufacturers Han-
over Trust Company, New York, N Y 1970C. E. Treman, Jr President, Tompkins County Trust Company,
Ithaca, N Y 1971Arthur S. Hamlin President, The Canandaigua National Bank
and Trust Company, Canandaigua, N Y 1972
Class B:William D. Eberle President and Chief Executive Officer, American
Standard Inc., New York, N Y 1970Milton C. Mumford.... Chairman of the Board, Lever Brothers Com-
pany, New York, N Y 1971Maurice R. Forman Chairman of the Board, B. Forman Co.,
Rochester, N Y 1972
Class C:James M. Hester President, New York University, New York,
N Y 1970Roswell L. Gilpatric Partner, Cravath, Swaine and Moore, Attor-
neys, New York, N Y 1971Albert L. Nickerson.... Former Chairman of the Board, Mobil Oil
Corporation, New York, N.Y 1972
BUFFALO BRANCH
Appointed by Federal Reserve Bank:Wilmot R. Craig Chairman of the Board, Lincoln Rochester
Trust Company, Rochester, N Y 1970Charles L. Hughes President, The Silver Creek National Bank,
Silver Creek, N Y 1970James I. Wyckoff President, The National Bank of Geneva, N.Y. 1971David J. Laub President, Marine Midland Trust Company of
Western New York, Buffalo, N Y 1972
Appointed by Board of Governors:Robert S. Bennett Former General Manager, Lackawanna Plant,
Bethlehem Steel Corporation, Buffalo, N Y.. 1970Norman F. Beach Vice President, Eastman Kodak Company,
Rochester, N Y 1971Morton Adams General Manager, Pro-Fac Cooperative Inc.,
Rochester, N.Y 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Cont. District 3—PHILADELPHIA Dec. 31
Class A:H. Lyle Duffey Executive Vice President, The First National
Bank, McConnellsburg, Pa 1970Harold F. Still, Jr President, Central Penn National Bank of Phil-
adelphia, Pa 1971William R. Cosby Chairman of the Board, Princeton Bank and
Trust Company, Princeton, N J 1972
Class B:Philip H. Glatfelter, III..Chairman of the Board and President, P.H.
Glatfelter Co., Spring Grove, Pa 1970Henry A. Thouron Chairman of the Board, Hercules Incorporated,
Wilmington, Del 1971Edward J. Dwyer President, ESB Incorporated, Philadelphia, Pa. 1972
Class C.-Willis J. Winn Dean, Wharton School of Finance and Com-
merce, University of Pennsylvania, Philadel-phia, Pa 1970
D. Robert Yarnall, Jr.. .President, Yarway Corporation, Blue Bell, Pa.. 1971Bayard L. England Chairman of the Board, Atlantic City Electric
Company, Atlantic City, N J 1972
District 4—CLEVELANDClass A :
Seward D. Schooler. . . .President, Coshocton National Bank, Coshoc-ton, Ohio 1970
George F. Karch Chairman of the Board and Chief ExecutiveOfficer, The Cleveland Trust Company,Cleveland, Ohio 1971
David L. Brumback, Jr.. President, Van Wert National Bank, Van Wert,Ohio 1972
Class B:John L. Gushman President and Chief Executive Officer, Anchor
Hocking Corporation, Lancaster, Ohio 1970J. William Henderson, Jr. Henderson & Associates, Columbus, Ohio 1971R. Stanley Laing President, The National Cash Register Com-
pany, Dayton, Ohio 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 4—CLEVELAND—Gont. Dec. 31
Class C:J. Ward Keener Chairman of the Board and Chief Executive
Officer, The B.F. Goodrich Company, Ak-ron, Ohio 1970
Horace A. Shepard Chairman of the Board and Chief ExecutiveOfficer, TRW, Inc., Cleveland, Ohio 1971
Albert G. Clay President, Clay Tobacco Company, Mt. Ster-ling, Ky 1972
CINCINNATI BRANCH
Appointed by Federal Reserve Bank:Fletcher E. Nyce Chairman of the Board and Chief Executive
Officer, The Central Trust Company, Cincin-nati, Ohio 1970
Robert B. Johnson President, Pikeville National Bank & TrustCompany, Pikeville, Ky 1971
Edward W. Barker President, First National Bank of Middletown,Ohio 1972
(Vacancy) 1972
Appointed by Board of Governors:Orin E. Atkins President, Ashland Oil, Inc., Ashland, Ky 1970Graham E. Marx President and General Manager, The G.A.
Gray Company, Cincinnati, Ohio 1971Phillip R. Shriver President, Miami University, Oxford, Ohio... 1972
PITTSBURGH BRANCH
Appointed by Federal Reserve Bank:George S. Cook President, Somerset Trust Company, Somerset,
Pa 1970Charles H. Bracken President, Marine National Bank, Erie, Pa 1971Robinson F. Barker.. . . Chairman of the Board and Chief Executive
Officer, PPG Industries, Pittsburgh, Pa 1972J. W. Bingham President, The Merchants & Manufacturers
National Bank, Sharon, Pa 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Cont. District 4—CLEVELAND—Gont. Dec. 31
PITTSBURGH BRANCH—Cont.
Appointed by Board of Governors:B. R. Dorsey President, Gulf Oil Corporation, Pittsburgh,
Pa 1970Richard M. Cyert Dean, Graduate School of Industrial Admin-
istration, Carnegie-Mellon University, Pitts-burgh, Pa 1971
Lawrence E. Walkley.. .President and Chief Executive Officer, West-inghouse Air Brake Company, Pittsburgh,Pa 1972
District 5—RICHMOND
Class A:Giles H. Miller, Jr President, The Culpeper National Bank, Cul-
peper, Va 1970Douglas D. Monroe, Jr..President, Chesapeake National Bank, Kil-
marnock, Va 1971Hugh A. Curry President, The Kanawha Valley Bank, Charles-
ton, W. Va 1972
Class B:H. Dail Holderness President, Carolina Telephone and Telegraph
Company, Tarboro, N.C 1970Charles D. Lyon Former President, The Potomac Edison Com-
pany, Hagerstown, Md 1971Robert S. Small President,Dan River Mills Incorporated, Green-
ville, S.C 1972
Class C.-Stuart Shumate President, Richmond, Fredericksburg, and Po-
tomac Railroad Company, Richmond, Va... 1970Wilson H. Elkins President, University of Maryland, College
Park, Md 1971Robert W. Lawson, Jr... Managing Partner of Charleston Office, Steptoe
& Johnson, Attorneys at Law, Charleston,W. Va 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 5—RICHMOND—Gont. Dec. 31
BALTIMORE BRANCH
Appointed by Federal Reserve Bank:Adrian L. McCardell.. .Chairman of the Board, First National Bank
of Maryland, Baltimore, Md 1970James J. Robinson Executive Vice President, Bank of Ripley,
W. Va 1970Tilton H. Dobbin President and Chairman of the Executive Com-
mittee, Maryland National Bank, Baltimore,Md 1971
J. R. Chaffinch, Jr Executive Vice President, The Denton NationalBank, Denton, Md 1972
Appointed by Board of Governors:John H. Fetting, Jr President, A. H. Fetting Company, Baltimore,
Md 1970James M. Jarvis Chairman of the Board, Jarvis, Downing &
Emch, Inc., Clarksburg, W. Va 1971Arnold J. Kleff, Jr Manager, Baltimore Refinery, American Smelt-
ing and Refining Company, Baltimore, Md... 1972
CHARLOTTE BRANCH
Appointed by Federal Reserve Bank:C. C. Cameron Chairman of the Board and President, First
Union National Bank of North Carolina,Charlotte, N.C 1970
H. Phelps Brooks, Jr President, The Peoples National Bank, Ches-ter, S.C 1970
L. D. Coltrane, III President, The Concord National Bank, Con-cord, N.C 1971
J. Willis Cantey President, The Citizens and Southern NationalBank of South Carolina, Columbia, S.C 1972
Appointed by Board of Governors:William B. McGuire President, Duke Power Company, Charlotte,
N.C 1970John L. Fraley President, Carolina Freight Carriers Corpora-
tion, Cherryville, N.C 1971E. Craig Wall, Sr Chairman of the Board, Canal Industries, Inc.,
Conway, S.C 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Cont. District 6—ATLANTA Dec. 31
Class A:A. L. Ellis Chairman of the Board, First National Bank,
Tarpon Springs, Fla 1970John W. Gay President, The First National Bank of Scotts-
boro, Ala 1971William B. Mills President, The Florida National Bank, Jackson-
ville, Fla 1972
Class B:Hoskins A. Shadow. . . .President, Tennessee Valley Nursery, Inc., Win-
chester, Tenn 1970Owen Cooper President, Mississippi Chemical Corporation
and Coastal Chemical Corporation, YazooCity, Miss 1971
Philip J. Lee Vice President, Tropicana Products, Inc.,Tampa, Fla 1972
Class C.-John C. Wilson President, Home-Wilson, Inc., Atlanta, Ga 1970Edwin I. Hatch President, Georgia Power Company, Atlanta,
Ga 1971F. Evans Farwell President, Milliken and Farwell, Inc., New
Orleans, La 1972
BIRMINGHAM BRANCH
Appointed by Federal Reserve Bank :Arthur L. Johnson President, Camden National Bank, Camden,
Ala 1970George A. LeMaistre.. .President, City National Bank, Tuscaloosa,
Ala 1970K. M. Varner, Jr President, The First National Bank of Auburn,
Ala 1971Harvey Terrell Chairman of the Board, The First National
Bank of Birmingham, Ala 1972
Appointed by Board of Governors:Caldwell Marks Chairman of the Board, Motion Industries, Inc.,
Birmingham, Ala 1970W. Cecil Bauer President, South Central Bell Telephone Com-
pany, Birmingham, Ala 1971E. Stanley Robbins President, National Floor Products Company,
Inc., Florence, Ala 1972
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F.R. BANKS A N D BRANCHES—Cont.
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DIRECTORS—Com. Distr ict 6 — A T L A N T A — G o n t . Dec. 31
JACKSONVILLE BRANCH
Appointed by Federal Reserve Bank:Harry Hood Bassett Chairman of the Board, The First National
Bank, Miami, Fla . 1970John Y. Humphress.. . .Executive Vice President, Capital City First
National Bank, Tallahassee, Fla 1970Edward W. Lane, Jr. . . .President, The Atlantic National Bank, Jack-
sonville, Fla 1971James G. Richardson.. .Chairman of the Board and President, The
Commercial Bank and Trust Company ofOcala, Fla 1972
Appointed by Board of Governors:Henry Cragg Vice President, Coca-Cola Company Foods
Division, Orlando, Fla 1970Castle W. Jordan President, AO Industries, Inc., Coral Gables,
Fla 1971Henry K. Stanford President, University of Miami, Coral Gables,
Fla 1972
NASHVILLE BRANCH
Appointed by Federal Reserve Bank:Hubert A. Crouch, Jr.. .Executive Vice President, Third National Bank
in Nashville, Tenn 1970W. H. Swain President, First National Bank, Oneida, Tenn.. 1970Hugh M. Willson President, Citizens National Bank, Athens,
Tenn 1971Edward C. Huffman Chairman of the Board and President, First
National Bank, Shelbyville, Tenn 1972
Appointed by Board of Governors:Robert M. Williams President, ARO Inc., Tullahoma, Tenn 1970Edward J. Boling President, The University of Tennessee, Knox-
ville, Tenn 1971Roy J. Fisher Manager, Tennessee Operations, Aluminum
Company of America, Alcoa, Tenn 1972
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F.R. BANKS AND BRANCHES-Cont.
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DIRECTORS—Com. District 6—ATLANTA—Cont. Dec. 31
NEW ORLEANS BRANCH
Appointed by Federal Reserve Bank:Lucien J. Hebert, Jr Executive Vice President, Lafourche National
Bank of Thibodaux, La 1970Morgan Whitney Senior Vice President, Whitney National Bank
of New Orleans, La 1970E. W. Haining President, The First National Bank of Vicks-
burg, Miss 1971H. P. Heidelberg, Jr President, Pascagoula-Moss Point Bank, Pas-
cagoula, Miss 1972
Appointed by Board of Governors:Robert H. Radcliff, Jr...President, Southern Industries Corporation,
Mobile, Ala 1970Frank G. Smith Vice President, Mississippi Power & Light
Company, Jackson, Miss 1971D. Ben Kleinpeter Wholesale Manager, Kleinpeter Farms Dairy,
Inc., Baton Rouge, La 1972
District 7—CHICAGO
Class A:Melvin C. Lockard President, First National Bank, Mattoon, 111... 1970Floyd F. Whitmore President, The Okey-Vernon National Bank,
Corning, Iowa 1971Edward Byron Smith.. .Chairman of the Board, The Northern Trust
Company, Chicago, 111 1972
Class B:Howard M. Packard Vice Chairman, S. C. Johnson & Son, Inc.,
Racine, Wis 1970Joseph O. Waymire Former Vice President for Finance and Treas-
urer, Eli Lilly Company, Indianapolis, Ind... 1971William H. Davidson.. .President, Harley-Davidson Motor Co., Inc.,
Milwaukee, Wis 1972
Class C:Franklin J. Lunding Chairman of the Finance Committee, Jewel
Companies, Inc., Melrose Park, 111 1970William H. Franklin... .President, Caterpillar Tractor Co., Peoria, 111.. 1971Emerson G. Higdon President, The Maytag Company, Newton,
Iowa 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Cont. District 7—CHICAGO—Cont. Dec. 31
DETROIT BRANCH
Appointed by Federal Reserve Bank:Raymond T. Perring Chairman of the Board, The Detroit Bank and
Trust Company, Detroit, Mich 1970B. P. Sherwood, Jr President, Security First Bank & Trust Com-
pany, Grand Haven, Mich 1971George L. Whyel President, Genesee Merchants Bank & Trust
Company, Flint, Mich 1972Roland A. Mewhort... .Chairman of the Board, Manufacturers Na-
tional Bank of Detroit, Mich 1972
Appointed by Board of Governors:L. Wm. Seidman Resident Partner, Seidman & Seidman, Grand
Rapids, Mich 1970Peter B. Clark Chairman of the Board and President, The
Evening News Association, Detroit, Mich... 1971W. M. Defoe Chairman of the Board, Defoe Shipbuilding
Company, Bay City, Mich 1972
District 8—ST. LOUISClass A:
Bradford Brett President, The First National Bank of Mexico,Mo 1970
James P. Hickok Chairman of the Executive Committee, FirstNational Bank in St. Louis, Mo 1971
Cecil W. Cupp, Jr President, Arkansas Bank & Trust Company,Hot Springs, Ark 1972
Class B:Mark Townsend Chairman of the Board, Townsend Lumber
Company, Inc., Stuttgart, Ark 1970Sherwood J. Smith Chairman and President, D/P Computer Ser-
vices, Inc., Evansville, Ind 1971Edward J. Schnuck Chairman of the Board, Schnuck Markets, Inc.,
St. Louis, Mo 1972
Class C:Smith D. Broadbent, Jr..Broadbent Hybrid Seed Co., Cadiz, Ky 1970Frederic M. Peirce Chairman of the Board and Chief Executive
Officer, General American Life InsuranceCompany, St. Louis, Mo 1971
Sam Cooper President, HumKo Products, Division ofKraftco Corporation, Memphis, Tenn 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS-Com. District 8—ST. LOUIS—Gont. Dec. 31
LITTLE ROCK BRANCH
Appointed by Federal Reserve Bank:Edward M. Penick President and Chief Executive Officer, Wor-
then Bank & Trust Company, Little Rock,Ark 1970
Louis E. Hurley Chairman of the Board, The Exchange Bank &Trust Company, El Dorado, Ark 1971
Ellis E. Shelton President, The First National Bank of Fayette-ville, Ark 1972
Wayne A. Stone Chairman of the Board and Chief ExecutiveOfficer, Simmons First National Bank ofPine Bluff, Ark 1972
Appointed by Board of Governors:Fred I. Brown, Jr President, Arkansas Foundry Company, Lit-
tle Rock, Ark 1970Al Pollard President, Brooks-Pollard Company, Little
Rock, Ark 1971Jake Hartz, Jr President, Jacob Hartz Seed Co., Inc., Stutt-
gart, Ark 1972
LOUISVILLE BRANCH
Appointed by Federal Reserve Bank:J. E. Miller Executive Vice President, Sellersburg State
Bank, Sellersburg, Ind 1970Hugh M. Shwab Vice Chairman of the Board, First National
Bank of Louisville, Ky 1971Paul Chase President, The Bedford National Bank, Bed-
ford, Ind 1972James C. Zimmerman.. .Executive Vice President, The Owensboro Na-
tional Bank, Owensboro, Ky 1972
Appointed by Board of Governors:Harry M. Young, J r . . . . Melrose Farms, Herndon, Ky 1970Ronald E. Reitmeier President, Catalysts and Chemicals Inc., Louis-
ville, Ky 1971John G. Beam President, Thomas Industries Inc., Louisville,
Ky 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 8—ST. LOUIS—Gont. Dec. 31
MEMPHIS BRANCH
Appointed by Federal Reserve Bank:J. J. White President, Helena National Bank, Helena, Ark. 1970Wade W. Hollowell... .President, The First National Bank of Green-
ville, Miss, 1971James R. Fitzhugh Executive Vice President, Bank of Ripley, Tenn. 1972Wayne W. Pyeatt President, National Bank of Commerce, Mem-
phis, Tenn 1972
Appointed by Board of Governors:Alvin Huffman, Jr President, Huffman Brothers Incorporated,
Blytheville, Ark 1970C. Whitney Brown President, S. C. Toof & Company, Memphis,
Tenn 1971William L. Giles President, Mississippi State University, State
College, Miss 1972
District 9—MINNEAPOLISClass A:
Warren F. Vaughan... .President, Security Trust & Savings Bank, Bill-ings, Mont 1970
G. A. Dahlen President, First National Bank of Ironwood,Mich 1971
John Bosshard Executive Vice President, First National Bankof Bangor, Wis 1972
Class B:Dale V. Andersen President, Mitchell Packing Company, Inc.,
Mitchell, S.D 1970John H. Bailey President, The Cretex Companies, Inc., Elk
River, Minn 1971David M. Heskett President, Montana-Dakota Utilities Company,
Bismarck, N.D 1972
Class C.-Byron W. Reeve President, Lake Shore, Inc., Iron Mountain,
Mich 1970(Vacancy) 1971David M. Lilly Chairman of the Board, Toro Manufacturing
Corporation, Minneapolis, Minn 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS-Cont. District 9—MINNEAPOLIS—Cent. Dec. 31
HELENA BRANCH
Appointed by Federal Reserve Bank:Charles H. Brocksmith.. President, First Security Bank of Glasgow,
N. A., Glasgow, Mont 1970Glenn H. Larson President, First State Bank of Thompson Falls,
Mont 1970Richard D. Rubie President, Missoula Bank of Montana, Mis-
soula, Mont 1971
Appointed by Board of Governors:Warren B. Jones Secretary-Treasurer, Two-Dot Land and Live-
stock Company, Harlowton, Mont. 1970William A. Cordingley..Publisher, Great Falls Tribune, Great Falls,
Mont 1971
District 10—KANSAS CITYClass A:
C. M. Miller President, The Farmers and Merchants StateBank, Colby, Kan 1970
John A. O'Leary Chairman of the Board, The Peoples StateBank, Luray, Kan 1971
Roger D. Knight, Jr.. . .Chairman of the Board, United Banks of Colo-rado, Inc., Denver, Colo 1972
Class B:Alfred E. Jordan Vice President, Trans World Airlines, Kansas
City, Mo 1970Stanley Learned Phillips Petroleum Company, Bartlesville, Okla. 1971Cecil O. Emrich Manager,Norfolk Livestock Market, Inc., Nor-
folk, Nebr 1972
Class C.Dolph Simons Editor, Journal-World, Lawrence, Kan 1970Robert W. Wagstaff President, Kansas City Coca-Cola Bottling
Company, Kansas City, Mo 1971Willard D. Hosford, Jr..Vice President and General Manager, John
Deere Company, Omaha, Nebr 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 10—KANSAS CITY—Gont. Dec. 31
DENVER BRANCH
Appointed by Federal Reserve Bank:Theodore D. Brown Executive Vice President, The First National
Bank of Denver, Colo 1970Robert L. Tripp President, Albuquerque National Bank, Albu-
querque, N. Mex 1970Armin B. Barney Chairman of the Board, The Colorado Springs
National Bank, Colorado Springs, Colo 1971
Appointed by Board of Governors:David R. C. Brown President, The Aspen Skiing Corporation, As-
pen, Colo 1970Cris Dobbins Chairman of the Board and President, Ideal
Basic Industries, Inc., Denver, Colo 1971
OKLAHOMA CITY BRANCH
Appointed by Federal Reserve Bank:Charley M. Crawford.. .President, First National Bank in Frederick,
Okla 1970Marvin Millard Chairman of the Board, National Bank of
Tulsa, Okla 1970W. H. McDonald Chairman of the Executive Committee, The
First National Bank and Trust Company ofOklahoma City, Okla 1971
Appointed by Board of Governors:F. W. Zaloudek Manager, J. I. Case Implements, Kremlin,
Okla 1970C. W. Flint, Jr Chairman of the Board, Flint Steel Corpora-
tion, Tulsa, Okla 1971
OMAHA BRANCH
Appointed by Federal Reserve Bank:Edward W. Lyman President, The United States National Bank of
Omaha, Nebr 1970John W. Hay, Jr President, Rock Springs National Bank, Rock
Springs, Wyo 1971S. N. Wolbach President, The First National Bank of Grand
Island, Nebr 1971
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS-Cont. District 10—KANSAS CITY—Gont. Dec. 31
OMAHA BRANCH—Cont.
Appointed by Board of Governors:Henry Y. Kleinkauf President, Natkin & Company, Omaha, Nebr.. 1970A. James Ebel Vice President and General Manager, Corn-
husker Television Corporation, Lincoln,Nebr 1971
District 11—DALLAS
Class A:J. V. Kelly President, The Peoples National Bank of Bel-
ton, Tex 1970A. W. Riter, Jr President, The Peoples National Bank of Tyler,
Tex 1971Murray Kyger Chairman of the Board, The First National
Bank of Fort Worth, Tex 1972
Class B:Carl D. Newton Chairman of the Board, Fox-Stanley Photo
Products, Inc., San Antonio, Tex 1970Hugh F. Steen President, El Paso Natural Gas Company, El
Paso, Tex 1971C. A. Tatum, Jr President and Chief Executive Officer, Texas
Utilities Company, Dallas, Tex 1972
Class C.-Carl J. Thomsen Senior Vice President, Texas Instruments In-
corporated, Dallas, Tex 1970Chas. F. Jones Vice Chairman of the Board, Humble Oil &
Refining Company, Houston, Tex 1971Philip G. Hoffman President, University of Houston, Tex 1972
EL PASO BRANCH
Appointed by Federal Reserve Bank:Cullen J. Kelly President, The First National Bank of Mid-
land, Tex 1970Joe B. Sisler President, The Clovis National Bank, Clovis,
N. Mex 1971Archie B. Scott President, The Security State Bank of Pecos,
Tex 1972Sam D. Young, Jr President, El Paso National Bank, El Paso,
Tex 1972
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 11—DALLAS—Gont. Dec. 31
EL PASO BRANCH—Cont.
Appointed by Board of Governors:Gordon W. Foster Vice President, Farah Manufacturing Com-
pany, Inc., El Paso, Tex 1970Joseph M. Ray Benedict Professor of Political Science, The
University of Texas at El Paso, Tex 1971Allan B. Bowman President and General Manager, Banner Min-
ing Company, Tucson, Ariz 1972
HOUSTON BRANCH
Appointed by Federal Reserve Bank:A. G. McNeese, Jr Chairman of the Board and Chief Executive
Officer, Bank of the Southwest National As-sociation, Houston, Tex 1970
Henry B. Clay President, First Bank & Trust, Bryan, Tex 1971W. G. Thornell President, The First National Bank of Port
Arthur, Tex 1972John E. Whitmore Chairman of the Board, Texas Commerce Bank
National Association, Houston, Tex 1972
Appointed by Board of Governors:M. Steele Wright, Jr Chairman of the Board, Texas Farm Products
Company, Nacogdoches, Tex 1970R. M. Buckley President, Eastex Incorporated, Silsbee, Tex... 1971Geo. T. Morse, Jr Vice Chairman of the Board and Chief Operat-
ing Officer, Peden Industries, Inc., Houston,Tex 1972
SAN ANTONIO BRANCH
Appointed by Federal Reserve Bank:Ray M. Keck, Jr President, Union National Bank of Laredo,
Tex 1970James T. Denton, J r . . . . President, Corpus Christi Bank and Trust,
Corpus Christi, Tex 1971T. C. Frost, Jr President, The Frost National Bank of San
Antonio, Tex 1972W. O. Roberson President, First National Bank at Brownsville,
Tex 1972
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F.R. BANKS AND BRANCHES—Cont.
Termexpires
DIRECTORS—Com. District 11—DALLAS—Gont. Dec. 31
SAN ANTONIO BRANCH—Cont.
Appointed by Board of Governors:Lloyd M. Knowlton General Manager, Knowlton's Creamery, San
Antonio, Tex 1970Francis B. May Professor of Business Statistics, The Univer-
sity of Texas, Austin, Tex 1971W. A. Belcher Veterinarian and Rancher, Brackettville, Tex... 1972
District 12—SAN FRANCISCOClass A:
Charles F. Frankland.. .Chairman of the Board, The Pacific NationalBank of Washington, Seattle, Wash 1970
Ralph V. Arnold Chairman of the Board and Chief ExecutiveOfficer, First National Bank and Trust Com-pany, Ontario, Calif 1971
Carroll F. Byrd President, The First National Bank of Willows,Calif. 1972
Class B:Marron Kendrick Chairman of the Board and President, Schlage
Lock Company, San Francisco, Calif. 1970Herbert D. Armstrong. .Treasurer, Standard Oil Company of Califor-
nia, San Francisco, Calif. 1971Joseph Rosenblatt Honorary Chairman of the Board, The Eimco
Corporation, Salt Lake City, Utah 1972
Class C:O. Meredith Wilson. .. .President and Director, Center for Advanced
Study in the Behavioral Sciences, Stanford,Calif. 1970
Bernard T. Rocca, Jr Chairman of the Board, Pacific Vegetable OilCorporation, San Francisco, Calif. 1971
S. Alfred Halgren Senior Vice President, Carnation Company,Los Angeles, Calif. 1972
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F.R. BANKS AND BRANCHES—Cont.
Termexpires
DIRECTORS-Cont. District 12—SAN FRANCISCO—Cont. Dec. 31
LOS ANGELES BRANCH
Appointed by Federal Reserve Bank:Harry J. Volk Chairman of the Board and Chief Executive
Officer, Union Bank, Los Angeles, Calif. 1970Carl E. Schroeder President, The First National Bank of Orange
County, Orange, Calif. 1970Linus E. Southwick President, Valley National Bank, Glendale,
Calif 1970Sherman Hazeltine Chairman of the Board and Chief Executive
Officer, First National Bank of Arizona,Phoenix, Ariz 1971
Appointed by Board of Governors:Norman B. Houston Director and Consultant, Golden State Mutual
Life Insurance Company, Los Angeles, Calif. 1970J. Leland Atwood Senior Consultant, North American Rockwell
Corporation, Los Angeles, Calif. 1971Leland D. Pratt President, Kelco Company, San Diego, Calif... 1972
PORTLAND BRANCH
Appointed by Federal Reserve Bank:E. W. Firstenburg Chairman of the Board and President, First
Independent Bank, Vancouver, Wash 1970James H. Stanard Vice President, First National Bank of Mc-
Minnville, Oreg 1970Ralph J. Voss President, First National Bank of Oregon,
Portland, Oreg 1971
Appointed by Board of Governors:Robert F. Dwyer Dwyer Forest Products Company, Portland,
Oreg 1970Frank Anderson Farmer, Heppner, Oreg 1971
SALT LAKE CITY BRANCH
Appointed by Federal Reserve Bank:Roy W. Simmons President and Chairman of the Executive Com-
mittee, Zions First National Bank, SaltLake City, Utah 1970
Roderick H. Browning. .President, Bank of Utah, Ogden, Utah 1970William E. Irvin Chairman of the Board, The Idaho First Na-
tional Bank, Boise, Idaho 1971
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F.R. BANKS AND BRANCHES—Cont.
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DIRECTORS—Com. District 12—SAN FRANCISCO—Gont. Dec. 31
SALT LAKE CITY BRANCH—Cont.
Appointed by Board of Governors:Peter E. Marble Rancher, Deeth, Nev 1970Royden G. Derrick President and General Manager, Western
Steel Company, Salt Lake City, Utah 1971
SEATTLE BRANCH
Appointed by Federal Reserve Bank:A. E. Saunders President, Puget Sound National Bank, Ta-
coma, Wash 1970Philip H. Stanton President, Washington Trust Bank, Spokane,
Wash 1970Joseph C. Baillargeon.. .Chairman of the Board, Seattle Trust & Sav-
ings Bank, Seattle, Wash 1971
Appointed by Board of Governors:C. Henry Bacon, Jr Vice Chairman of the Board, Simpson Timber
Company, Seattle, Wash 1970Francis G. Crane Manager, Crane and Crane Orchards and Cold
Storage, Brewster, Wash 1971
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F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS
(December 31, 1970)
FederalReserve
Bankor branch
Boston
New York . . .
Buffalo
Philadelphia.
Cleveland. . .
CincinnatiPittsburgh
Richmond. . .
Baltimore
Charlotte
PresidentFirst Vice President
Frank E. MorrisE. O. Latham
Alfred HayesWilliam F. Treiber
David P. EastburnDavid C. Melnicoff
(Temporarily vacant)W. H. MacDonald
Aubrey N. HeflinRobert P. Black
Vice Presidents
D. Harry AngneyLee J. AubreyR. W. EisenmengerDonald A. PelletierLaurence H. StoneJames T. TimberlakeParker B. Willis
David E. BodnerJohn J. ClarkeRichard A. DebsEdward G. GuyAlan R. HolmesRobert G. LinkEverett B. PostT. M. Timlen, Jr.
Daniel AquilinoAnsgar R. BergeLuther M. Hoyle, Jr.Maurice P. Shea, IIIJarvis M. Thayer, Jr.
5 Richard A. Walker
W. H. Braun, Jr.Charles A. CoombsPeter FousekMarcus A. HarrisJohn T. KeaneFred W. Piderit, Jr.Peter D. SternlightThomas O. Waage
Angus A. Maclnnes, Jr.
Edward A. AffJoseph R. CampbellNorman G. DashWilliam A. JamesL. C. Murdoch
George E. Booth, JrRoger R. ClouseR. Joseph GinnaneWilliam J. HocterHarry W. HuningClifford G. Miller
Hugh BarrieJoseph M. CaseRalph E. HaasG. William MetzJames V. Vergari
Paul BreidenbachElmer F. FricekW. H. HendricksJohn J. HoyFrederick S. Kelly
Fred O. KielClyde E. Harrell
John G. DeitrickWelford S. FarmerUpton S. MartinJohn L. NoskerJohn F. RandAubrey N. Snellings
J. G. Dicker son, Jr.William C. GloverArthur V. Myers, Jr.James ParthemosR. E. Sanders, Jr.William F. Upshaw
H. Lee Boatwright, IIIA. A. Stewart, Jr.Stuart P. FishburneJimmie R. Vlonhollon
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F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS—Cont.
FederalReserve
Bankor branch
Atlanta
Birming-ham
Jackson-ville
NashvilleNew
Orleans
Chicago
Detroit
St. Louis
LittleRock
LouisvilleMemphis
Minneapolis.
Helena
PresidentFirst Vice President
Monroe KimbrelKyle K. Fossum
Robert P. MayoErnest T. Baughman
Darryl R. FrancisDale M. Lewis
Hugh D. Galusha, Jr.M. H. Strothman, Jr.
Vice Presidents
Harry Brandt J. E. McCorveyW. M. Davis1 Robert P. ForrestalGeorge H. Gaffney Billy H. HargettRobert E. Moody, Jr. Brown R. RawlingsRichard A. Sanders R. M. StephensonCharles T. Taylor
Dan L. Hendley
E. C. RaineyJeffrey J. Wells
Arthur H. Kantner
Carl E. Bierbauer George W. CloosLeRoy A. Davis Elbert O. FultsA. M. Gustavson Edward A. HeathWard J. Larson James R. MorrisonRichard A. Moffatt R. M. ScheiderKarl A. Scheld Harry S. SchultzBruce L. Smyth Joseph J. SrpLynn A. Stiles Jack P. ThompsonAllen G. Wolkey
Daniel M. DoyleGordon W. Lamphere
Leonall C. Andersen Marvin L. BennettGerald T. Dunne W. W. GilmoreHomer Jones Jerry L. JordanStephen Koptis John W. MengesF. G. Russell, Jr. Harold E. UthoffHoward H. Weigel Joseph C. Wotawa
John F. BreenDonald L. HenryLaurence T. BrittEugene A. Leonard
Frederick J. Cramer Ralph J. DreitzlerL. W. Fernelius Lester G. GableRonald D. Graham Douglas R. HellwegJohn A. MacDonald David R. McDonaldClarence W. Nelson John P. OlinC. A. Van Nice R. W. Worcester
Howard L. Knous
1 Located in Miami.
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F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS—Cont.
FederalReserve
Bankor branch
Kansas City.
DenverOklahoma
CityOmaha
Dallas
El PasoHoustonSan
Antonio
SanFrancisco..
LosAngeles
PortlandSalt Lake
CitySeattle
PresidentFirst Vice President
George H. ClayJohn T. Boysen
Philip E. ColdwellT. W. Plant
Eliot J. SwanA. B. Merritt
Vice Presidents
W. T. Billington Raymond J. DollJoseph R. Euans Carl F. GriswoldWayne W. Martin M. L. MotherseadRobert E. Thomas Clarence W. Tow
John W. Snider
Howard W. PritzGeorge C. Rankin
Robert H. Boykin James L. CauthenLeon W. Cowan Ralph T. GreenJames A. Parker W. M. PritchettTony J. Salvaggio Thomas R. SullivanE. W. Vorlop
Fredric W. ReedJ. L. Cook
Carl H. Moore
J. Howard Craven D. M. DavenportIrwin L. Jennings G. R. KellyE. J. Martens D. V. MastenRix Maurer, Jr. J. B. Williams
P. W. CavanW. G. DeVriesW. M. Brown
A. L. PriceW. R. Sandstrom
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F.R. BANKS AND BRANCHES—Cont.
CONFERENCE OF PRESIDENTSThe Presidents of the Federal Reserve Banks are organized into a Conference
of Presidents that meets from time to time to consider matters of commoninterest and to consult with and advise the Board of Governors. Mr. Hickman,President of the Federal Reserve Bank of Cleveland, and Mr. Galusha, Presi-dent of the Federal Reserve Bank of Minneapolis, were elected Chairman ofthe Conference and Vice Chairman, respectively, in March 1970. Mr. Hickmanserved as Chairman until his death on November 28, 1970. At the December14, 1970, meeting, Mr. Galusha and Mr. Francis, President of the FederalReserve Bank of St. Louis, were elected Chairman and Vice Chairman, respec-tively, for the remainder of the current Conference year and the forthcomingConference year, ending with the March 1972 meeting.
Mr. Lester M. Selby of the Federal Reserve Bank of Cleveland and Mr.Melvin L. Burstein of the Federal Reserve Bank of Minneapolis were appointedSecretary of the Conference and Assistant Secretary, respectively, in March1970. Mr. Selby served through the December 14, 1970, meeting. Mr. Bursteinand Mr. Joseph P. Garbarini of the Federal Reserve Bank of St. Louis wereappointed Secretary and Assistant Secretary, respectively, at the December 14,1970, meeting.
CONFERENCE OF FIRST VICE PRESIDENTS
In 1969 a Conference of First Vice Presidents was organized to meet fromtime to time, primarily for the consideration of operational matters. Mr.Helmer, First Vice President of the Federal Reserve Bank of Chicago, and Mr.MacDonald, First Vice President of the Federal Reserve Bank of Cleveland,were selected as Chairman of the Conference and Vice Chairman, respectively.Mr. Arthur G. Stone and Mr. Lester M. Selby were appointed Secretary of theConference and Assistant Secretary, respectively.
Effective March 11, 1970, Mr. MacDonald and Mr. Strothman, First VicePresident of the Federal Reserve Bank of Minneapolis, were elected Chairmanand First Vice Chairman of the Conference. Mr. Selby and Mr. Melvin L.Burstein were appointed Secretary and Assistant Secretary, respectively.
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FEDERAL RESERVE BANKS ANDBRANCHES(December 31, 1971)
CHAIRMEN AND DEPUTY CHAIRMEN OFBOARDS OF DIRECTORS
Federal ReserveBank of—
BostonNew York..PhiladelphiaClevelandRichmond.AtlantaChicagoSt. LouisMinneapolisKansas CityD a l l a s . . . .San Francisco
Chairman andFederal Reserve Agent
James D. DuesenberryAlbert L. NickersonBayard L. EnglandAlbert G. ClayWilson H. ElkinsEdwin I. HatchEmerson G. HigdonFrederic M. PeirceDavid M.LillyRobert W. WagstaffChas. F. JonesO. Meredith Wilson
Deputy Chairman
Louis W. CabotRoswell L. GilpatriaD. Robert Yarnall, Jr.J. Ward KeenerRobert W. Lawson, Jr.John C. WilsonWilliam H. FranklinSam CooperBruce B. DaytonWillard D. Hosford,Jr.Philip G. HoffmanS. Alfred Halgren
CONFERENCE OF CHAIRMENThe Chairmen of the Federal Reserve Banks are organized into a Conference
of Chairmen that meets from time to time to consider matters of commoninterest and to consult with and advise the Board of Governors. Such a meet-ing, attended also by Deputy Chairmen of the Reserve Banks, was held inWashington on December 2-3, 1971.
Mr. Clay, Chairman of the Federal Reserve Bank of Cleveland, who waselected Chairman of the Conference and of its Executive Committee in Decem-ber 1970, served in that capacity until the close of the 1971 meeting. Mr.Nickerson, Chairman of the Federal Reserve Bank of New York, and Mr.Wilson, Chairman of the Federal Reserve Bank of San Francisco, served withMr. Clay as members of the Executive Committee; Mr. Nickerson also servedas Vice Chairman of the Conference.
On December 3, 1971, Mr. Wilson was elected Chairman of the Conferenceand of its Executive Committee to serve for the succeeding year; Mr. Lilly,Chairman of the Federal Reserve Bank of Minneapolis, was elected ViceChairman of the Conference and a member of the Executive Committee; andMr. Wagstaff, Chairman of the Federal Reserve Bank of Kansas City, waselected as the other member of the Executive Committee.
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F.R. BANKS AND BRANCHES—Cont.
DIRECTORSClass A and Class B directors are elected by the member banks of the district.
Class C directors are appointed by the Board of Governors of the Federal ReserveSystem.
The Class A directors are chosen as representatives of member banks and, asa matter of practice, are active officers of member banks. The Class B directorsmay not, under the law, be officers, directors, or employees of banks. At the timeof their election they must be actively engaged in their district in commerce, agri-culture, or some other industrial pursuit.
The Class C directors may not, under the law, be officers, directors, employees,or stockholders of banks. They are appointed by the Board of Governors as repre-sentatives not of any particular group or interest, but of the public interest as a whole.
Federal Reserve Bank branches have either five or seven directors, of whom amajority are appointed by the Board of Directors of the parent Federal ReserveBank, and the others are appointed by the Board of Governors of the FederalReserve System.
Termexpires
DIRECTORS District 1—BOSTON Dec 31
Class A:John Simmen Chairman of the Board and Chief Executive
Officer, Industrial National Bank of RhodeIsland, Providence, R.I 1971
William M. Honey President, The Martha's Vineyard NationalBank, Vineyard Haven, Mass 1972
Ralph A. Mclninch President, Merchants National Bank of Man-chester, N.H 1973
Class B:W. Gordon Robertson. .General Trustee, Bangor Punta Corporation,
Bangor, Maine 1971F. Ray Keyser, Jr Vice President, Vermont Marble Company,
Proctor, Vt 1972G. William Miller. President, Textron, Providence, R.I. 1973
Class C.-James S. Duesenberry... Professor of Economics,-Harvard University,
Cambridge, Mass. 1971Louis W. Cabot Chairman of the Board, Cabot Corporation,
Boston, Mass 1972John M. Fox President and Chief Executive Officer, H. P.
Hood & Sons, Charlestown, Mass 1973
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F.K. BANKS AND BRANCHES- Com.
DIRECTORS—Cont.
Class A:
C, E. Trernan, Jr . , . . , .
Arthur S. Hamlin
William S, Renchard..
Class B:
Mil ton C. Mumford . .
Maur ice R. Forman . .
( V a c a n c y * . . . . . . . . . . .
Class C:
Kt^wel ! f,. Giipatric. .
Alber t L. Nickerson . .
Alan J. Pifer. . . . . . . . .
District 2—NEW YORK
TermexpiresDec, 31
I*iv\UU:nt. Ioi««pk»ns C o u n t y Trus t C o m p a n y ,
Ith:tca, N / i , . . . . . . . . . . . . . . . . . . . . . . . . . 197!
President, I he Canandaigua N a t i o n a l B a n k and
I rust C o m p a n y , Canandaigua, N . Y , . . . . . . . 1972
i lutirman of the Board , Chemical Bank , N e w
York , N . Y . . 1973
t h<iirman of the Board , Lever Brothers
( ompany, New York , N . Y , . . . . . . . . . . . . . . . N?f
C h a i r m a n of the Board, B. Forman Co . ,
Rochester , N . Y . . . . . . . . . . . . . hJ?2
, 1973
. Par tner , Cravath, Swaine & Moore , At to rneys ,
BUFFALO BRAM !II
Appointed by Federal i?c',vrnv Hank:
James I. Wyckoff.. C hairman of" tlu: Bottrd, The National Bank
David J, L a u b . . . .
William B. Anderson.
Angelo A. Costanza
1971New York, N.Y,
, Former Chairman of the Board, Mobil Oil
Corporation, New York, N . Y . . . . . . . . . . . . . 1972
.President, Carnegie Corporation of New
York, N.Y. . . . . . . . . . . . . . . . . . . . 1973
1971iff Geneva. N.Y . . . . . . . . . . . . . . . . .
(t;:iirman of the Board, Marine Midland Bank-
Western, Buffalo, N.Y.. . . . 1972
President, The First National Bank of James-
town, N.Y.. 1973
President and Chief Executive Officer, Central
Trust Company, Rochester, N . Y . . . . . . . . . . . 1973
Appointed by Board of Governors:N o r m a n F . B e a c h , . . . . .Vice President and Genera l Manager , Kodak
Pa rk Division, E a s t m a n K o d a k C o m p a n y ,
Rochester , N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . 197!
M o r t o n A d a m s . . . . . . . General Manager , Pro-Fac Coopera t ive Inc.,Roches ter , N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
R u p e r t W a r r e n . . . . . . . . 1 'resident, Trice* Produc t s Corpora t ion , Buffalo,
N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
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DIRECTORS—Cont. t
Class A:Harol' •• v» • Jr. . . . .
William l'; - ;• by. . . .
Richard A. Herbster. .
Class B:
C. Graham Berwind, Jr.
Edward J. Dwyer.
Philip H. Glatfelter, III
Class C;
D. ROI-.M. N.'»;-..iall, Jr...
Bayard L. England
John R. Coleman.. . . . .
'-DELPHIA
TermexpiresDec. 31
tJ • > dent, Central Perm National Bank, Phila-' . M p h i a , P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 1
- "r.'.-rman of the Board , Pr ince ton B a n k and! : list C o m p a n y , Pr ince ton , N . J . . . . . . . . . . . . 1972
<• ' sclent, Lewistown Trus t Company, Lewis-
. ' vn , P a . . . . . 1973
President and Chief Executive Officer, Berwind
C o r p o r a t i o n , Phi ladelphia , P a , . . . . . ' >' 1
Chairman and Chief Executive Offic •Incorporated, Philadelphia, P a . . . . . . ; u '2
Chairman of the Board and Presidents I . nGlatfelter Co., Spring Grove, Pa. . , . " 3
.President, Yarway Corporation, Blue Bell,' P a , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
Former Chairman of the Board, Atlantic CityElectric Company, Atlantic City, N.J.. . . . . . 1972
President, Haverford College, Haverford, Pa,. . 1973
Dlsti • '• ''ELAND
Class A:George F. Karebt,
David L, Brumback.
Edward W. Barker. .
.Chairman of the Board and Chief ExecutiveOfficer, The Cleveland Trust Company,Cleveland, O h i o . . . . . . . . . . . . . . . . . . . . . . . . . 1971
/President, Van Wert National Bank, VanWert, Ohio. 1972
.President, First National Bank of Middletown,O h i o . . . . 1973
Class B:J.Wm. Henderson, Jr., . .Henderson & Associates, Columbus, Ohio. .R. Stanley Lalng.
John L, Gushman.
1971. President, The National Cash Register Com-
pany, Dayton, O h i o . . . . . . . . . . . . . . . . . . . . . 1972.Chairman, of the Board and Chief Executive
Officer, Anchor Hocking Corporation, Lan-caster, O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
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expires>»M ,.u> < ,.., M i M r i r t .J»»-U i ' / E L A N D — C o n t . .Dec, 3!
H -I * i '. ^ { f . ' c r •'!,;•,."< , the Board and Chief Executive. )i'" '. ! }•' \V Inc.. Cleveland Ohio. „ , , 1971
1 . ;.;,.,.'»- .\u,^i; us , ." . . . 1973
CINCINNATI BRANCH
Appointed by Federal Reserve Bank:R o b e r t B . J o h n s o n . . . . . P r e s i d e n t , P i k e v i l i e M a ; - . . > . » , M , • • • ' . ^ f r u s t
C o m p a n y , Pikevilie, K . . . . 1971
Paul W. Christensen, Jr..President, T h e Cincin>»'.t! C^;.{ «'.".»•..any,
Cincinnati, O h i o , . . . . . . 1972
R o b e r t E, H a l l . . . . . . . . .Pres ident , T h e Fi rs t N a ^ ^ n i ^ar.- -MM, i rust
C o m p a n y , Troy f Ohic . . . . . 1972
Wil l iam S. R o w e . . . . . . .President , T h e Fifth IT.,*.! H.-'̂ K 1 ••• -. .^lati,
O h i o . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:Graham E. M a r x . . . . . . .Pres ident and Genera l Manage r , T h e G. A .
G r a y C o m p a n y , Cincinnat i , O h i o . . . . . . . . . . 1971
Phill ip R. S h r i v e r . . . . . . /President , M i a m i Universi ty, Oxford , O h i o , . . 1972
Clair F. V o u g h . . . . . . . . .Vice Pres ident , Office P roduc t s Divis ion,
I B M C o r p o r a t i o n , Lexington , K y . . . . . . . . . . 1973
PITTSBURGH BRANG H
Appointed by Federal Reserve Bank:Charles H. Bracken... , .President and Chief Executive Officer, Marine
National Bank, Erie, P a . . . . . . . . . . . . . . . . . . 1971Robinson F. B a r k e r . . . . Chairman of the Board and Chief Executive
Officer, PPG Industries, Inc., Pittsburgh,P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
John. W. B i n g h a m . . . . . . President, T h e Merchants and Manufacturers
National Bank of Sharon, Pa... . . . . . . . 1972Merle E. Gilliand........President and Chief Executive Officer, Pitts-
burgh National Bank, Pittsburgh, P a . . . . . . . . 1.973
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DIRECTORS -Cont. : r tc t 4 — C L E V E L A N D — O >••
TermexpiresDec, 31
PITTSBURGII BRANCH—Con 1:.
Appointed by Board of Governors:Richard M, Cyert /Dean, Graduate School of Industrial Adminis-
tration, Carnegie-Mellon University, Pitts-burgh, Pa,. 197!
Lawrence E. Walkley. . . President and Chief Executive Officer, West-inghouse Air Brake Company, Pittsburgh, Pa. 1972
Robert E. K irby . . . . . . . .President, Industry and Defense Company,Westinghouse Electric Corporation, Pitts-burgh, Pa. . . 1973
•National Bank, Kiln-
Executive Officer, ';<, Charleston, W. VMational Bank, We-'
Potomac Edison Co-• • d . . . . . . . . . . . . . . . .
Mills Incorporaicu,
ephone and Telegraph
.President, University of Maryland, CollegePark, Md. . . . . . . . . . . . . . . . . . . . .
Robert W. Lawson, Jr., .Managing Partner of Charleston. Office, Steptoe& Johnson, Attorneys at Law, Charleston,W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stuart Shumate President, Richmond, Fredericksburg andPotomac Railroad Company, Richmond, Va.
Hugh A
Thomas
Class B:Charl<-
Robert
H. Dail
Class C:
W i l s o n ,
I ' '.«' •/...• , J r .
,. C u r r y . . . . . . . .
P . M c L a c h l e n .
• k J •' -n . . . . . .
O . k J I l i C t i l . . . . . . .
H o l d e r n e s s . . . .
H. Elkins
; ' i - .
Company,
.President, L
. 1
1972
1973
1971
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ru.
Termexpires
DIRECTORS—Cont. I'htrict 5—RICHMOND—Cont. Dec. 3!
BALTIMORE BRANCH
Appointed by Federal Reserve Bank:Tilton H. D o b b i n . . . . . . President and C h a i r m a n of the Executive
Committee, Mary land Na t iona l Bank , Balti-more , M d . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
J. E . Chaffinch, J r . . . . . .Executive Vice President, T h e Denton NationalBank, Den ton , M d . . . . . . . . . . . . . . . . . . . . . . . 1972
James J, R o b i n s o n , . . . . .Executive Vice President, B a n k of Ripley,W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
J. Stevenson P e c k . . . . . . P r e s i d e n t , U n i o n Trus t C o m p a n y of Mary land ,Bal t imore , M d . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:James M, J a n - i s . . . . . . . . Chairman of the Board, Crane Construction
Company, Clarksburg, W. V a . . . . . . . . . . . . . 1971Arnold J. Kleff, Jr.. . . . . Former Manager, Baltimore Refinery, Ameri-
can Smelting and Refining Company, Balti-more, M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ! 972
John H. Petting, J r . . . , . .President, A. H. Petting Company, Baltimore,M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
CHARLOTTE BRANCH
Appointed by Federal Reserve Bank;L. D . Col t rane , I I I . . . . . President , The Concord Nat iona l Bank, Con -
cord , N . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971J. Willis Cantey. . . . . . . . C h a i r m a n and Chief Executive Officer, T h e
Citizens & Southern Na t iona l Bank of Sou thCarol ina , Co lumbia , S . C . . . . . . . . . . . . . . . . . . . 1972
C. C, C a m e r o n , . . . . . . . .Chairman of the Board and President, FirstU n i o n Nat iona l Bank of N o r t h Caro l ina ,Char lo t t e , N . C . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
H. Phelps Brooks , J r . . . . President , The Peoples Nat iona l Bank, Chester ,S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:J o h n L. F r a l e y . . . . . . . . . President, Carol ina Freight Carr iers C o r p o r a -
t ion, Cherryville, N . C . . . . . . . . . . . . . . . . . . . . 1971F, Craig Wall , S r , . . . . . .Chairman of the Board , Cana l Industries, Inc. ,
Conway, S.C., 1972Charles W. DeBell . . . . . .General Manager, North Carolina Works,
Western Electric Company, Inc., Winston-
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1971
DIRECTORS -Cont. District 6—ATLANTA
TermexpiresDec. 31
Class A:
John W» Gay
William B. Mills. . .
A. L. Ellis .
Class B.-Owen Cooper.
P h i l i p J . L e e . . . . . . .
Hoskins A, Shadow.
. President, The First National Bank of Scotts-
boro, A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971.President, The Florida National Bank, Jackson-
ville, F la . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
. Chairman of the Board, First National Bank,
Tarpon Springs, Fla. 1973
. President, Mississippi Chemical Corporat ion
and Coastal Chemical Corporation, Yazoo
City, Miss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
.Vice President, Tropicana Products, Inc.,T a m p a , F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
.President, Tennessee Valley Nursery, Inc.,Winchester, Teen. 1973
i" ', wv I, Ha tch , . . .
-1 ; ,ans Farwell. , .
'. •'<;« C. Wilson, . , .
.President, Georgia Power Company, Atlanta,Ga.... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
.President, Milliken and Farwell, Inc., NewO r l e a n s , L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
.President, Home-Wilson, Inc., Atlanta, Ga., . . 1973
B I R M I N , l i •. .< )*>! • < O H
Appointed by Federal Reserve .Bank:K. M. Varner, J r . . . . . . .President , T h e Firs t Na t iona l B a n k of Aubi»rs
A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i ' M
Harvey Ter re l l . . . . . . . . . C h a i r m a n of the Board , T h e First NationalBank of Birmingham, A l a . . . . . . . . . . . . . . i J /.'
\VM!r«ee D . Malone, Jr.. .President and Chairman, of the Board , r! K.
First Na t i ona l Bank of Dothan, A l a . . . . . ••/,•*
• '* «.gan T a y l o r . . . . . . . C h a i r m a n of the Board , T h e Firs t Sta te Bunkof Oxford, A l a . . . . . . . . . . . . . . . . . . . . . . . < '• '
Appointed by Board of Governors:'A .-turn C. B a u e r . . . . . . . P r e s i d e n t , South Central Bell Telephone Com-
p a n y , B i r m i n g h a m , A l a , . . . . . . . . . . . . . . . . . . 1 9 7 1
r M.mley Robbins. .. . .President, National Floor Products Company,
305
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1971
F H, H
DIRECTORS—Cont. fli^frki ft— Vll \ \ T V~~CoitL Dec, 31
JACKSONVILLE BRANCH
Appointed by Federal Reserve Bank:
Edward W. Lane, Jr.... .President, The Atlantic National Bank of
Jacksonville, F l a . . . . . . . . . . . . . . . . . . . . . . . . . 1971
James G. Richardson, . . Chairman of the Board and President, The
Commercial Bank and Trust Company of
Ocala,FIa. . . . . . . . . . . . . . . . . . . . . . . . . . . l u 7 2
Malcolm C. Brown. .» , .President and Chairman of the Board, F lo iuh
First Nat ional Bank at Brent, Pensact >i i
F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . :'V73
A i'kw .-. Howel l . . . . . . .President, Marine Bank & Trust Company
Tampa, Fla. 1973
Appointed by Board of Governors:
Castle W. J o r d a n . . . . . . .President, AO Industries, Inc., Coral Gables,
F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
Henry K. Stanford. . . . .President, University of Miami, Coral Gables,
F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
Henry C r a g g . . . . . . . . . . . Vice President, The Coca-Cola Company Foods
Division, Winter Park, F l a . . . . . . . . . . . . . . . . 1973
NASHV1T ),!• m<ANGH
Appointed by Federal Reserve Bank :
Hugh M. W i l l s o n . . . . . . .President, Citizens National Hunk, Athens,
T e n n . . . . . . . . . . . . . . . . . . . . . . 1971
Edward C. Huffman, . . .Chai rman of the Board ami M« VSMMH, first
National Bank., Shelbyville h h*i, . . . 1972
Dan B. Andrews. . . . . . .President, First Nat ional H^n^,, {)«t-j..son,
Ten,n. . . . 1973
E d w a r d G . N e l s o n . . . . . . E x e c u t i v e V i c e P r e s i d e n t , C - - - u a •>:».• t ' a i o n
B a n k , N a s h v i l l e , T e n n . . r . . T . . . . . . . . . . . . . . . 1 9 7 3
Appointed by Board of Governors:
E d w a r d J . B o l i n g . . . . . . . P r e s i d e n t , T h e U n i v e r s i t y o f T e n n e s s e e , K n o x -
v i l l e , T e n n , . . . . . . . . . . . . . . . . . . r . . . : . . . . . . 1 9 7 1
John C. Tune, J r . . . . . . . . Partner, Butler, McHugh , Butler , T u n e &
W a t t s , Attorneys-at-Law, Nashville, T e n n . . . 1972
J a m e s W. L o n g . . . . . . . . President , R o b e r t s o n C o u n t y F a r m Bureau ,
Springfield, T e n n . . f r . . . . . . ; . . . . T . r . . . . . . 1973
30-6
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1971
DIR ECTORS- -Con t.
TermexpiresDec, 31
Appointed by Federal 1v v. Haining. .President , T h e First Na t iona l Bank of Vicks-
burg, M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . 1971'•' V Heidelberg, J r . . . . . President, Pascagoula-Moss Point Bank , Pas-
cagoula, M i s s , . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
Tom A. F lanagan , J r . , . . President , Lakeside Nat iona l Bank of Lake
Charles , L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Lawrence A. Merrigan. .President , T h e Bank of New Orleans and Trus t
C o m p a n y , New Or leans , L a , , . . . . . . . . . . . . . 1973
., 'Governors:Cal-Maine Foods, Inc., Jackson,
, -a Manager, Kleinpeter F**rm<; Dairv,) * t ton R o u g e , L a . . . . . . . . .
-''.. Dillard University, N <*- 4 .̂ i•; ̂ ,-
1971
Class A;Floyd F.
Edwai '
Melvi
Class B:
, Whit more.
5 < > . . . - S m i t l
* - ;;ard.
Joseph O. Waymire..
William
Howard
Class C:WilliamEmerson
H. Davidson
M. Packard.
H. Franklin.i G. Higdon,
John W, Baird.
. i National Bank,. . . . . . . . . . . . . . . . 1971
• •' e Northern Trust. . . . . . . . . . . . . . . . 1972
.-..k, Mattoon, 111.. . 1973
. Former Vice President for Finance and Treas-urer, EH Lilly Company, Indianapolis, l ed . . . 1971
.President, Harley-Davidson Motor Co., Inc.,Milwaukee, W i s . . . . . . . . . . . . . . . . . . . . . . . . . 1972
.Vice Chairman, S. C, Johnson & Son, Inc.,Racine, Wis... . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
. President, Caterpillar Tractor Co,, Peoria, III... 1971
. Pres iden t , T h e M a y t a g C o m p a n y , N e w t o n ,I o w a . . . . . . . . . . . . . . . ' . . . . . . . . . . . . . . . . . . . . 1972
. President, Baird Si Warner, Inc., Chicago, 111... 1973
30?
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1971
DIRECTORS—Cont. D i s t r i c t 7 — C H I I 'Mil I—i o u t .
TermexpiresDec, 31
DETROIT liiLiXUii
Appointed by Federal Reserve Bank:
B. P . Sherwood. J r . . . . . .President, Security First Bank & T rus t C o m -
pany, G r a n d Haven , M i c h . . . . . . . . . . . . . . . . 1971
George I . \ \ h > H President, Genesee Merchan ts Bank & Trus t
t \>mpany, Flint, M i c h , . . . . . . . . . . . . . . . . . . . 1972
R o l a n d A. Mew IKt-i Cha i rman , Manufacturers Na t iona l Bank of
i k t r o l t , M i c h , . . . . . . . . . . . , , . , , . , 1972
Ellis B. \toty> . . Cha i rman of the Board , Na t iona l Bank of
Detroi t , M i c h . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:
Peter B. C l a r k . . . . . . . . .Cha i rman of the Board and President , The
Evening News Associat ion, Det ro i t , Mich , . . 1971
W. M . Defoe . . . . . . . . . . C h a i r m a n of the Board, Defoe Shipbui lding
C o m p a n y , Bay City, M i c h , . . . . . . . . . . . . . . . H 7 >
L. W m . S e i d m a n . . . . . . . Resident Par tner , Seidman & Seidman, G r a n d
R a p i d s , M i c h . . . . . . . . . . . . . . . . . . . . . . . . . . . . j ' P *
Class A;
James P. Hickok
Cecil W. Cwpp, J r . . .
Bradford B r e t t . . . . .
Class B:
Sherwood J, Smith,
Edward J. Schnuck.
Fred I, Brown, Jr., .
Class C
u; M. Peirce..
S a m C o o p e r . . . . . . .
Harry M. Young, Jr.
District 8—ST. L O U I S
Hsuvtm. Hrsi National Bank in St. Louis,
\K». . . . . . . . . . . . . . . . . . . . . 1971
Ph>iJept. \r\ uiivi". B'ink & Trust Co<]>o;tn\,
H o i S p j i M L ' s . A « k . . . . . . . . . . . . . . L > ? 2
Ipi~k~>!'J.;jti. ! 'if I-J{ ,i W'tcional B a n k of Mcsicu.
M o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W 3
Lhiun'tiini of the Board and Presider»i. D F
< on>p»jter Se rv ices , Inc . , Evansville, iiul . i l h ' l
< 11 J ••;.»».i i i of the Board , Schnuck Markef %. f i n . ,
lit i,.i -«;ion, M o , . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
IV* UM'H!. A rkansa s F o u n d r y C o m p a n y , Lit t le
K,».k. \ r k . . . . . . . . . . . . . . ' . . . . . . . . . . . . . . . . 1973
<.n.'HFu,.v-» \'i' the Board and Chief Executive
OHui-i , ' f<jaeral Amer ican Life Insu rance
\ Mt>vvi:, St. Louis , M o . . . . . . . . . . . . . . . . . . 1971
i ^ ' . n h i 1 H a m K o Produc ts , Division of
ki«!(%) Corpo ra t i on , \ I \ i i v l ' L T< ,MI ]Q7"
\ k t/t )•' f :111us, Herndo* , ^.'. i M ? ?
308
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1971
H A N K S , \ ' V | j JU
expiresDIRECTORS—Cont. Districi K—Si. : i H r IN—< ant, Dec, 31
LIr» I ' f- v« H , f .RANCH
Appointed by Federal Ju , • *-.- r.ink:Louis E, Hurley. , , . C;: 'irman of the Board and Chief Executive
t .'.ficer, The Exchange Bank & Trust Com-j»-«ny, El Dorado, Ark. 1971
Ellis E. Shelton.. . . . IV- sclent, The First National Bank of Pay-.'ueville, Ark.. . . 1972
Wayne A. S tone. , . . t (<.:.»rman of the Board and Chief ExecutiveOfficer, Simmons First National Bank ofPine Bluff, Ark, 1972
Edward M. Penick.... . .President and Chief Executive Officer, WorthenBank & Tryst Company, Little Rock, Ark., . 1973
Appointed by Board of Governors:A l P o l l , I ' d . . . . . . . . . P r e s i d e n t , \» P o l l a r d & A s s o c i a t e s , L i t t l e
R o c k , A n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 1
J a k e r i a r t / . I r . . . . . . . . . . P r e s i d e n t , J a c o b H a r t z S e e d C o . , I n c . , S t u t t -
g a r t , A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
R o l a n t i R f V n i m e l . . . . . C h a i r m a n o f t h e B o a r d , S o u t h l a n d B u i l d i n g
P r o d u c t s C o , , L i t t l e R o c k , A r k . . . . . . . . . . . . 1 9 7 3
LOUISVILLE BRANCH
Appointed, by Federal Reserve Bank:Hugh JVL Shwab. . . . . . .Chairman of the Boards, First National Bank
of Louisville and. The Kentucky Trust Com-pany, Louisville, Ky. 1971
Paul C h a s e . . . . . , . . . , . .President , T h e Bedford N a t i o n a l Bank , B^.i-
f o r d , I n d . . , , , , . . . . . . . . . . . . . . . . . . . . . . . I 9 " ' 2H e r b e r t J. S m i t h . . . . . . . P r e s i d e n t , T h e A m e r i c a n N a t i o n a l B a n k A;
T r u s t C o m p a n y o f B o w l i n g G r e e n , K y , . . . . . 19 72
H a r o l d E , J a c k s o n . . . . . . P r e s i d e n t , T h e S c o t t C o u n t y S t a t e B a n k ,
S c o t t s b u r g , I n d . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 3
Appointed by Board of Governors:J o h n E , S h e e h a n . . . . . . . P r e s i d e n t a n d C h i e f E x e c u t i v e Of f i ce r , C o r h a r t
R e f r a c t o r i e s C o m p a n y , L o u i s v i l l e , K y . . . . . . 1971
J o h n G . B e a m . . . . . . . . . P r e s i d e n t , T h o m a s I n d u s t r i e s I n c . , L o u i s v i l l e ,
K y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
W i l l i a m H . S t r o u b e . . . . . A s s o s 1 . ."s ; < -\\ \ '>>:<•'. •<* S J , - K I !••' I \\x-
n o ' i ' i ^ . V * - *\ * i\ K • *.>,>,,!«,•> t is , n »>*. , \ U - \ \ r -
309
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1971
A D
DIRECTORS—Cont. S r f ,1II I S — I ! •» ! ,
Termexpires
Appointed by Federal Jv \« ••"<
Wade W. Hollowell.
James R. Fitzhugh..
Wayne W. Pyeatt... i
J. J. White,,... .. . . :
A p p o i n t e . / r ^ '/«\< ' Y I o f (^>\<
C, Whi'ucv Hr* '\vn.. 1
William I (» ivs. . . I
Alvin Mil'h \u ? Jr.. I
'.v' itU :>', T h e Firs t National B a n k of Green-
u l k . M i s s . - . , , . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
U ^ . M I , ' , Vice President , B a n k of Ripley ,
h'!«:i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
i* *hk'»«t. Na t iona l B a n k of Commerce, Mern-r»h>,, f e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
f,' ?vi,-»:: Helena Na t i ona l Bank , HeieEa, Ark . 1973
u-siJv••«:, v< ( I ^ M , \ < <i»M«{M«ty, M e m p h i s ,
Ir-Mh. . . . . . . . . . . . 1 9 7 1
M'.isU'iii. M r f'.^j *''. Stub: U n i v e r s i t y , S t a t e
( o « k v i , M i ^ . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
f-. \uUi\i, H u f f m a n B r o t h e r s I n c o r p o r a t e d ,
B i y t h e v i l l e , A r k . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 3
District 9—MINNEAPOLIS
:im \ :G. A, Dab l en . . . . . . . . . .President, First N a t i o n a l B a n k of I r o e w o o d ,
M i c h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
J o h n B o s s h a r d . . . . . . . . . Executive Vice President , Fi rs t N a t i o n a l B a n k
o f B a n g o r , W i s . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
Philip H. N a s o n . . . . . . . .President, The First National Bank of St. Paul,M ? r r . . . . . . . . . . . . 1 9 7 3
J o h n H . B a i l e y . . . . . . . . l'n -.ul. ' i ' i i l',v, % : i>i v \ \ '.»i,^«-Mes, I n c . , E l kR i v e r , i V i m n , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 1
i )j\n\ M H e s k e t t . . . . . . P r e s i d e n t , M o n t a n a - D a k o t a U t i l i t i e s C o . , B i s -
m a r c k , N . D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 2
D a l e v A a d e r s e n . . . . . . P r e s i d e n t , M i t c h e l l P a c k i n g C o m p a n y , I n c . ,M i t c h e l l , S . D . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 3
t U-r,
i j i u w e B . D a y t o n . . . . . . . C h a i r m a n o f t h e B o a r d , D a y t o n H u d s o nC o r p o r a t i o n , M i n n e a p o l i s , M i n e . . . . . . . . ? "<7!
David M . L i l l y . . . . . . . . . C h a i r m a n of the Board, The Toro Compauv,M i n n e a p o l i s , M i e n . . . . . . . . . . . . . . . . . . . . . I v V
Ml)
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1971
DIRECTORS—Com, i§—Cont.
TermexpiresDec. SI
HELENA BRANCH
Appointed by Federal Reserve Bank ;R i c h a r d D . R u b l e . . . . . . P r e s i d e n t , M i s s o u l a B a . - • >r ' ' < • • ' . • , • M i s -
soula, M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
E. Lowry K u n k e l . . . . . . . President , First Na t iona l Bank, Butte, M o n t . , . 1972
R o b e r t I. Penner. . . . . . .President , Citizens First Na t i ona l Bank , WolfPoint , M o n t . . , . , 1972
Appointed by Board of Governors:William A. Cordingley. .Publisher, Great Falls Tribune, Great Fails,
M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
Warren. B. Jones . . . . . . .Secretary-Treasurer , T w o D o t L a n d a n d Live-
stock C o m p a n y , Harlowton, M o n t . . . . . . . . . 1972
Class A.-J o h n A , O ' L e a r y . . . .
Roger I). Knight, Jr.
•-<• ?se Miller.
Class B:
S t a n l e y L e a r n e d . . . . .
C e c i l O , E m r i c h . . . . .
A ' ! ' 1 ^ . 1 s f o r d a n . . . .
C l a 'p,»;,,<;• \y Wagstaff.
N . ^ f '<<«-.'* * '.«-;AS C I T Y
' :« ,'rman of the Board, The Peoples State
Bank, Luray, K a n . . . . . . . . . . . . . . . . . . . . . . . 1971
. . President, 'United Banks of Colorado , Inc.,Denver, C o l o . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
Chairman of the Board and President, The
Farmers and Merchants State Bank, Colby,
K a n . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \ 1973
. .Consultant , Phillips Petroleum Company, Bar-
tlesville, G k i a , . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971. .President, C. O. Emrlch Enterprises, Norfolk,
Nebr . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
. .Vice President, Trans World Airlines, Inc.,
Kansas City, M o , . . . . . . . . . . . . . . . . . . . . . . . 1973
. C h a i r m a n of t he Board and Pres ident , T h e
Coca-Cola Bot t l ing C o m p a n y of Mid-America, Inc . , Kansa s City, M o . . . . . . . . . . . 1971
Willard D . Hosford, Jr. \ <•• • ;<; detent and Genera l M a n a g e r , J o h n
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1971
i '.k HANKS AXl'i ttf* . \ M ,i M'>
Termexpires
DiRECTORS-Cont. District 10—K WSAS CITY—Cont. Der . i l
DENVER BRANCH
Appointed by Federal Reserve Bank :Armln B, Barney, . . . . . .Chairman of the Board, The Colorado S p r i n t
National Bank, Colorado Springs, Colo., * •)? 1Robert L. T r i p p . . . . . . . .President, Albuquerque National Bank, Albu-
querque, N. M e x . . . . . . . . . . . . . . . . . . . . . 1972Dale R. H i n m a n . . . . . . .President, The Greeley National Bank, Greeic;.
Colo.. \-)ll
Appointed by Board of Governors:Cris D o b b i n s , . . . . . . . . . F o r m e r C h a i r m a n of the Board , Ideal Basic
Indust r ies , Inc. , Denver , C o l o . . . . . . . . . . . . . 1971
Dav id R . C. B r o w n , . , . .President , T h e Aspen Skiing C o r p o r a t i o n ,
Aspen, C o l o . . , , . . . . . . . . . . . . . . . . . . . . . . . . . 1972
OKLAHOMA CITY BRANCH
Appointed by Federal Reserve Bank:W. H. M c D o n a l d . . . . . . Chairman of the Executive Committee, The
First National Bank and Trust Company ofOklahoma City, Okia. . . . , . . . . . . . . 1971
Marvin Millard. . . . . . . .Chairman, of the Board, National Bank ofTulsa, Okla.. 1972
Hugh C. Jones. . . . . . . . .Executive Vice President, The Bank of Wood-ward, O k l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
A pointed by Board of 6i;« t mot y ;
C. W. Flint, Jr.. . . . ( hiurman of the Board, Flint Steel Corpora-turn, Tulsa, O k l a . . . . . . . . . . . . . . . . . . . . . . . . . 1971
Florin W. Zaloudek. . . .Manager, J. I. Case Implements, Kremlin,Okia.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . W'l
OMAHA BRANCH
Appointed by Federal Reserve Bank:J o h n W , H a y , J r . . . . . . . . President , R o c k Springs Na t iona l Bank, R o c k
Springs, W y o . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
S, N , W o l b a c h . . . . . . . . . President , T h e First Na t i ona l Bank of G r a n d
Is land, N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . . 197!
E d w a i i t W I v i i i a n i ' j v - . . i d e n t , T h e ; n . n • M . i i f . \ - n «i» *• H , « » . \ u f
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Termexpires
DIRECTORS—com. District 10 K'^SAS CITY—Cont. Dec. 31
OM * a '• -«Ji \NCH—Cont.
Appointed by Board of Governors:A, James Ebel , . . , . , , . .Vice President and General Manager, Corn-
husker fVirMs-iw; Corporation, Lincoln,Nebr . . . . . . . . . . . . . . . . . . . . . . . 1971
Henry Y. Kieinkauf. . . .President, N >4>»r -v •" o.npany, Omaha, Nebr . . 1972
District 11—DALLAS
Class A:A. W. Riter, J r . . . . . . . . . President, The Peoples Nat ional Bank of
Tyler, T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.971Murray K . y g e r . . . . . . . . . Chairman of the Executi¥e Committee, The
First National Bank of For t Wor th , Tex. . . . 1972J. V. K e l l y . . . . . . . . . . . . . President, The Peoples Nat ional Bank of
Belton, T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Class B:H u g h F . S t e e n . . . . . . . . "!*• d e n t . E l P a s o N a t u r a l G a s C o m p a n y ,
r > P a s o , T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 1C -1, *'-»Mjm, J r . . . . . . . >'•' >.dent a n d C h i e f E x e c u t i v e Of f i ce r , T e x a s
\ ' i l i t ies C o m p a n y , D a l l a s , T e x . . . . . . . . . u > " 2C " '"l • n e w t o n . . . . . . . % ' ." ' . ' i rman o f t h e B o a r d , F o x - S t a n l e y Ph<>i<»
P r o d u c t s , I n c . , San . A n t o n i o , T e x . . . . . . . i ' . - 7 !
CIH^ > t o n e s . . . . . . . . . V i c e C h a i r m a n o f t h e B o a r d , H u m b l e O i l ,'<•R e i n i n g C o m p a n y , H o u s t o n , T e x . . . . . . . . ! ' ' ? I
P h i i i | / O . H o f f m a n . . . . . . P r e s i d e n t , U n i v e r s i t y o f H o u s t o n , T e x . . . . . . . . ID72J o h n L a w r e n c e . . . . . . . . . C h a i r m a n o f t h e B o a r d , D r e s s e r I n d u s t r i e s ,
I n c . , D a l l a s , T e x . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 3
EL PASO BRANCH
Appointed by Federal Reserve Bank:Joe B. Sisler. . . . . . . . . . .Pres ident , T h e Clevis Na t iona l Bank , Clovis,
N . M e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971Archie B, S c o t t . . . . . . . . . P r e s i d e n t , T h e Security Sta te B a n k of Pecos ,
T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
S a m D . Young , J r . . . . . .President , El Paso N a t i o n a l Bank , Ei Pn>c.T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . . - / .'2
Cui iee J. K e l l y . . . . . . . . .President , T h e First Na t iona l B a n k of MidJ.uvi.
T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i^n
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DIRECTORS—Cont. • \ }''$.'' \ S
TermexpiresDec, 31
Appointed by Board of Governors:
Joseph. M. R a y . . . . . . . . .Benedict Professor of Political Science, The
University of Texas at El Paso, T e x . . . . . . . . 1971Allan B. B o w m a n . . . . . . President and General Manager, Banner Mining
Company, Tucson, A r i z . . . . . . . . . . . . . . . . . . 1972
Herbert M. Schwartz. . .President, Popular Dry Goods Co. , Inc.,
El Paso, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
HOUSTON BRANCH
Appt>Ui! '..* J'\ federal Reserve Bank:
Bt-nn \\ Clay, . . . . . . . .President, First Bank & Trust, Bryan, Tex..... 1971
V ( » rS"»< c i i e l l . . . . . .
J<.)u; ». V v h i t m o r e . . . .
K l i n e M c G e e . . . . . . . .
Appointed by Board of f"f >
E. M. Buckley,
Geo. T, Morse, Jr...
M. Steele Wright, Jr
.Chairman of the Board and President, The
First National Bank of Port Arthur, Tex,. . . 1972
. Cha i rman of the Board, Texas Commerce Bank
Nat ional Association, Hous ton , T e x . , , , . , . . 1972
.Chairman of the Board, Southern Nat iona l
Bank of Hous ton , T e x . . . . . . . . . . . . . . . . . . . . 1973
!i>'*,jdent and Director, Eastex Incorporated,
V s b e e , Tex. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
•, i. Chairman of the Board and Chief Oper-
.ii: ng Officer, Peden Industries, l a c , Houston,
'i- K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
i«,{ rnian of the Board, Texas F a r m Products
Company, Nacogdoches, T e x . . . . . . . . . . . . . . 1973
Appointed by Federal 3;<
James T. Denton, Jr
Tom C, Frost, Jr,. .
W, O. Roberson . . .
Ray M. Keck, Jr....
SAN ANTONIO BRANCH
n -nk:
ir . irman of the Board and Chief ExecutiYe
'J'Scer, Corpus Christi Bank and Trust,
i \ >rpus Christi, T e x . . . . . . . . . . . . . . . . . . . . . .
: \ riiiae of the Board, The Frost National
B 4iik of San Antonio, T e x . . . . . . . . . . . . . . . .
j . --dent, First National Bank at Brownsville,
Union National Bank of Laredo,
Tex. .
1971
1972
1972
1973
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1971
DIRECTORS—Cont. Distric
TermexpiresDec, 31
SAM A .
Appointed by Board of Governors:Francis B. May. . . .
W. A. Belcher. . . . . .Irving A, Mathews.
. , Professor of Business Statistics, The Universityof Texas, Austin, T e x , . . . . . . . . . . . . . . . . . . . . 1971
, , Veterinarian, and Rancher, Brackettville, Tex.., 1972. .Chairman of the Board and Chief Executive
Officer, Frost Bros., Inc., San Antonio, Tex.. 1973
Class A:Ralph V. Arnold.
Carroll F. Byrd.
Ralph J. Voss...
1 ! • • . : . ! Chief E«.^ , x LL>L . u U v i ^ ^^Jc and Tro
• )ntar io , C a l i f . , , , . . . . , . . . . . .--"A o f t h e B o a r d a n d Pres ide
national Bank of Willows, Cal. First National Bank of <
M - f d , O r e g . . . . . . . . . . . . . . . . . . .
''!••>•; i ! *. 'Qstrong. \ • i ." • , S t a n d a r d Oil Company of Cali-
;- - }*r * S a n F r a n c i s c o , C a l i f . . . . . . . . . . . . . . . 1 9 7 1
•>• ' ; '• ' '• ' •• - . a t t . . . . . i ! • • . • < - C h a i r m a n o f t h e B o a r d , T h e E l m c o
. . ' . , * . a t i o n , S a l t L a k e C i t y , U t a h , . . . . . . . . 1 9 7 2
Marron Kendrick. . . . . !*-.••,*'<: a n d Chairman of t he B o a r d , SchlageL o c k C o m p a n y , S a n F r a n c i s c o , C a l i f . . . . . . . 1 9 7 3
Class C.-Bernard T. Rocca, Jr.,
S. Alfred Halgren
O. Meredith Wilson. .
. Director and Consultant, Paciic Vegetable OilCorporation, San Francisco, C a l i f . . . . . . . . . 1971
.Senior %FIee President and Director, Carnation.Company, Los Angeles, C a l i f , . . . . . . . . . . . . . 1972
.President and Director, Center for AdvancedSteely in the Behavioral Sciences, Stanford,C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
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1971
K.K. Vf,\ShS AM)
Termexpires
DIRECTORS—Com. District 12—SAN FRANCIS^ >~-Out. Dec. 3!
LOS AMGELES BRANCH
Appointed by Fedeml Reserve Bank:Sherman Hazeltine , , Chairman of the Board and Chief Executive
Officer, First National Bank of Arizona,Phoenix, A r i z . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
Carl E. Schroeck-r President, The First National Bank of OrangeCounty, Orange, C a l i f . . . . . . . . . . . . . . . . . . . . 1972
Linus E, Southwiek. President, Valley National Bank, Giendale,C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Carl E, Hartnack. President, Security Pacific National Bank, LosAngeles, C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
>lf'pointed by Board of Governors:} , Ltiland A t w o o d , . . . . .Senior Consu l tan t , N o r t h Amer ican Rockwel l
Corpo ra t i on , Los Angeles, C a l i f . . . . . . . . . . . 1971Lcland D . P r a t t . . . . . . . .President , Kelco C o m p a n y , San Diego , Calif, . , 1972E d w a r d A. S l o a n . . . . . . .President , Sloan 's D r y ' C l e a n e r s , Los Angeles ,
Calif. . . . . 1973
PORTLAND BMANCB
Appointed by Federal M( serve Bank:L e R o y B. S taver . . . C h a i r m a n of the B o a r d and Chief Executive
<Officer, Uni ted States N a t i o n a l Bank ofOregon , Por t l and , O r e g . . . . . . . . . . . . . . . . . . . 1971
James H . S t a n a r d . . . . . . Vice President , First N a t i o n a l B a n k of M c M i n n -ville, O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
F r a n k L. S e r v o s s . . . . . . . President , Cra ter N a t i o n a l Bank of Medford ,O r e g . . ' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' 1972
Appointed by Board of Governors:F r a n k A n d e r s o n . , , Fa rmer , Heppner , O r e g . . . . . . . . . . . . . . . . . . . . . 1971J o h n R . H o w a r d . . . . . . .President , Lewis and Cla rk College, Por t l and ,
O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
SALT LAKE CITY BRANCH
Appointed by Federal Reserve Bank:W i l l i a m E , I r v i n . . . . . . . . F o r m e r C h a i r m a n o f t h e B o a r d , T h e I d a h o
F i r s t N a t i o n a l B a n k , B o i s e , I d a h o . . . , . . , . . 1971R o d e r i c k H . B r o w n i n g , . P r e s i d e n t , B a n k o f U t a h , O g d e n , U t a h , . . , . , . 1972R o y W . S i m m o n s . . . . . . P r e s i d e n t , Z i o n s F i r s t N a t i o n a l B a n k , S a l t L a k e
C i t y , U t a h . . . . . . , . . , , . , , , . . 1 9 7 2
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FM, HANKS A;\T!.I BH4NCHHS- • 4 ,'om.
DIRECTORS—Cont. District 12—SAN FRANCISCO—Cont.
Terraexp/resDec. 3!
SALT LAKE CITY BRANCH—Cont.
Appointed by Board of Governors:
Royden G. Der r i ck . . . . . President and General Manager, Western Steel
Company, Salt Lake City, U t a h . . . . . . . . . . . 1971
John, H. Breckenriclge.. .President, L. L. Breckenridge Company, TwinFalls, Idaho. . . 1972
SEATTLE BRANCH
Appointed by Federal Reserve Bank:
Joseph C. Baillargeon . . . C h a i r m a n of the Board and Chief ExecutiveOfficer, Seatt le T rus t & Savings B a n k ,Seattle, W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . . 1971
A. E. S a u n d e r s . . . . . . . . .Vice C h a i r m a n of the Board , Puget Sound.N a t i o n a l Bank , T a c o m a , W a s h , . . . . . . . . . . . 1972
Philip H. S t a n t o n . . . . . . .President , Wash ing ton Trus t Bank , Spokane ,
W a s h , , . , , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
Appointed by Board of Governors:Francis G. C r a n e , . . . . . .Manage r , C r a n e and C r a n e O r c h a r d s a n d Cold
Storage, Brewster, W a s h , . . . . . . . . . . . . . . . . . 1971C. Henry Bacon , J r . , . . .Vice Chairman of the Board , S impson T i m b e r
C o m p a n y , Seatt le, W a s h . . . . . . . . . . . . . . . . . . 1972
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1971
F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS(December 31,1971)
FederalReserve
Bankor branch
Boston
New York . . .
Buffalo
Philadelphia.
Cleveland. . .
Cincinnati
Pittsburgh
Richmond. . .
PresidentFirst Vice President
Frank E. MorrisE. O. Latham
Alfred HayesWilliam F. Treiber
David P. EastburnMark H. Willes
Willis J. WinnW. H. MacDonald
Aubrey N. HefiinRobert P. Black
Vice Presidents
D. Harry AngneyLee J. AubreyNorman T. ByrnesLuther M. Hoyle, Jr.Donald A. PelletierLaurence H. Stone
Daniel AquilinoAnsgar R. BergeR. W. EisenmengerNiels O. LarsenMaurice P. Shea, IIIJ. M. Thayer, Jr.
James T. Timberlake Richard A". WalkerParker B. Willis
David E. BodnerJohn J. ClarkeRichard A. DebsEdward G. GuyAlan R. HolmesRobert G. LinkEverett B. PostT. M. Timlen, Jr.
W. H. Braun, Jr.Charles A. CoombsPeter FousekMarcus A. HarrisJohn T. KeaneFred W. Piderit, Jr.Peter D. SternlightThomas O. Waage
Angus A. Maclnnes, Jr.
Edward A. AffEdward G. BoehneJoseph M. CaseRalph E. HaasA. A. KudelichL. C. Murdoch, Jr.James V. Vergari
George E. Booth, Jr.Roger R. ClouseR. Joseph GinnaneWilliam J. HocterHarry W. HuningClifford G. Miller
Hugh BarrieJoseph R. CampbellNorman G. DashWilliam A. JamesG. William MetzKenneth M. Snader
Paul BreidenbachElmer F. FricekW. H. HendricksJohn J. HoyFrederick S. Kelly
Robert D. DugganFred O. KielJames H. CampbellCharles E. Houpt
Clifford B. BeaversWelford S. FarmerWilliam C. GloverJohn L. NoskerJohn F. RandAubrey N. Snellings
John G. DeitrickH. Ernest FordArthur V. Myers, Jr.James ParthemosR. E. Sanders, Jr.William F. Upshaw
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F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS—Cont.
FederalReserveBank
or branch
Richmond—Cont.
Baltimore
Charlotte
Culpeper1
Atlanta
Birming-ham
Jackson-ville
Miami1
NashvilleNew
OrleansChicago
Detroit
St. Louis
lviiiieRock
LouisvilleMemphis
PresidentFirst Vice President
Monroe KimbrelKyle K. Fossum
Robert P. MayoErnest T. Baughman
Darryl R. FrancisEugene A. Leonard
Vice Presidents
H. Lee Boatwright, IIIA. A. Stewart, Jr.Stuart P. FishburneJimmie R. MonhollonJ. Gordon Dickerson, Jr.
Harry Brandt Robert P. ForrestalGeorge H. Gaffney Billy H. HargettJ. E. McCorvey R. E. Moody, Jr.Brown R. Rawlings Richard A. SandersR. M. Stephenson Charles T. Taylor
Dan L. Hendley
Edward C. RaineyW. M. DavisJeffrey J. Wells
Arthur H. Kantner
Carl E. Bierbauer George W. CloosLeRoy A. Davis Elbert O. FultsVictor A. Hansen Edward A. HeathWard J. Larson R. A. MoffattJames R. Morrison R. M. ScheiderKarl A. Scheld Harry S. SchultzBruce L. Smyth Lynn A. StilesJack P. Thompson Allen G. Wolkey
William C. ConradDaniel M. DoyleRonald L. Zile
Leonall C. Andersen Gerald T. DunneJoseph P. Garbarini W. W. GilmoreJerry L. Jordan John W. MengesD. W. Moriarty, Jr. F. G. Russell, Jr.Charles E. Silva Harold E. UthoffHoward H. Weigel Joseph C. Wotawa
John F. BreenDonald L. HenryL. Terry Britt
1 Not considered a branch.
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F.R. BANKS AND BRANCHES—Cont.
PRESIDENTS AND VICE PRESIDENTS—Gont.
FederalReserveBank
or branch
Minneapolis .
Helena
Kansas City.
DenverOklahoma
CityOmaha
Dallas
El PasoHoustonSan
Antonio
SanFrancisco..
LosAngeles
PortlandSalt Lake
CitySeattle
PresidentFirst Vice President
Bruce K. MacLauryM. H. Strothman, Jr.
George H. ClayJohn T. Boysen
Philip E. ColdwellT. W. Plant
Eliot J. SwanA. B. Merritt
Vice Presidents
Frederick J. CramerL. W. FerneliusRoland D. GrahamJohn A. MacDonaldClarence W. NelsonC. A. Van Nice
Howard L.
W. T. BillingtonJoseph R. EuansJ. David HamiltonM. L. MotherseadClarence W. Tow
George C. 1
Howard W
Ralph J. DreitzlerLester G. GableDouglas R. HellwegDavid R. McDonaldJohn P. OlinR. W. Worcester
Knous
Raymond J. DollRoger GuffeyWayne W. MartinRobert E. Thomas
Rankin
Pritz(Temporarily vacant)
Robert H. BoykinLeon W. CowanLarry D. HigginsW. M. PritchettT. R. Sullivan
Fredric W.J. L. Cook
James L. CauthenRalph T. GreenJames A. ParkerTony J. SalvaggioE. W. Vorlop
Reed
Carl H. Moore
J. Howard CravenH. B. JamisonD. V. MastenLouis E. ReillyJ. B. Williams
D. M. DavenportG. R. KellyRix Maurer, Jr.R. G. Retallick
P. W. CavanW. G. DeVriesW. M. Brown
A. L. PriceW. R. Sandstrom
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F.R. BANKS AND BRANCHES—Gont.
CONFERENCE OF PRESIDENTSThe Presidents of the Federal Reserve Banks are organized into a Confer-
ence of Presidents that meets from time to time to consider matters of commoninterest and to consult with and advise the Board of Governors. At the Decem-ber 14, 1970, meeting, Mr. Galusha, President of the Federal Reserve Bank ofMinneapolis, and Mr. Francis, President of the Federal Reserve Bank of St.Louis, were elected Chairman and Vice Chairman, respectively, for the re-mainder of that Conference year and the forthcoming Conference year, endingwith the March 1972 meeting. Mr. Galusha served as Chairman until his deathon January 31, 1971. At a meeting on February 9, 1971, the Conference electedMr. Francis and Mr. Kimbrel (President of the Federal Reserve Bank ofAtlanta) Chairman and Vice Chairman, respectively, for the remainder of theyear, and for the forthcoming Conference year, ending with the March 1972meeting.
Mr. Melvin L. Burstein of the Federal Reserve Bank of Minneapolis andMr. Joseph P. Garbarini of the Federal Reserve Bank of St. Louis were ap-pointed Secretary of the Conference and Assistant Secretary, respectively, inDecember 1970. At the February and March 1971 meetings, Mr. Garbariniand Mr. H. Terry Smith of the Federal Reserve Bank of Atlanta, were ap-pointed Secretary and Assistant Secretary, respectively.
CONFERENCE OF FIRST VICE PRESIDENTSIn 1969 a Conference of First Vice Presidents was organized to meet from
time to time, primarily for the consideration of operational matters. EffectiveMarch 11, 1970, Mr. MacDonald, First Vice President of the Federal ReserveBank of Cleveland, and Mr. Strothman, First Vice President of the FederalReserve Bank of Minneapolis, were elected as Chairman of the Conferenceand Vice Chairman, respectively. Mr. Lester M. Selby and Mr. Melvin L.Burstein were appointed Secretary and Assistant Secretary, respectively.
Effective March 1, 1971, Mr. Lewis, First Vice President of the FederalReserve Bank of St. Louis, and Mr. Fossum, First Vice President of the FederalReserve Bank of Atlanta, were elected Chairman and Vice Chairman of theConference. Mr. Joseph P. Garbarini and Mr. H. Terry Smith were appointedSecretary and Assistant Secretary, respectively. On August 3, 1971, Mr.Leonard, First Vice President of the Federal Reserve Bank of St. Louis, waselected Chairman to succeed Mr. Lewis, who retired on July 31, 1971.
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FEDERAL RESERVE BANKS ANDBRANCHES
(December 31, 1972)
CHAIRMEN AND DEPUTY CHAIRMEN OFBOARDS OF DIRECTORS
Federal ReserveBank of—
BostonNew YorkPhiladelphiaClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco
Chairman andFederal Reserve Agent
James S. DuesenberryRoswell L. GilpatricBayard L. EnglandAlbert G. ClayRobert W. Lawson, Jr.John C. WilsonEmerson G. HigdonFrederic M. PeirceDavid M. LillyRobert W. WagstaffChas. F. JonesO. Meredith Wilson
DeputyChairman
Louis W. CabotEllison L. HazardJohn R. ColemanJ. Ward KeenerStuart ShumateH. G. PattilloWilliam H. FranklinSam CooperBruce B. DaytonWillard D. Hosford, Jr.Philip G. HoffmanS. Alfred Halgren
CONFERENCE OF CHAIRMENThe Chairmen of the Federal Reserve Banks are organized into a Con-
ference of Chairmen that meets from time to time to consider matters ofcommon interest and to consult with and advise the Board of Governors.Such a meeting, attended also by Deputy Chairmen of the Reserve Banks, washeld in Washington on November 30 and December 1, 1972.
Dr. Wilson, Chairman of the Federal Reserve Bank of San Francisco, whowas elected Chairman of the Conference and of its Executive Committee inDecember 1971, served in that capacity until the close of the 1972 meeting.Mr. Lilly, Chairman of the Federal Reserve Bank of Minneapolis, and Mr.Wagstaff, Chairman of the Federal Reserve Bank of Kansas City, served withDr. Wilson as members of the Executive Committee; Mr. Lilly also served asVice Chairman of the Conference.
On December 1, 1972, Mr. Lilly was elected Chairman of the Conferenceand of its Executive Committee to serve for the succeeding year; Mr. Wagstaffwas elected Vice Chairman of the Conference and a member of the ExecutiveCommittee; and Mr. Wilson, Chairman of the Federal Reserve Bank ofAtlanta, was elected as the other member of the Executive Committee.
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS
Class A and Class B directors are elected by the member banks of thedistrict. Class C directors are appointed by the Board of Governors of theFederal Reserve System.
The Class A directors are chosen as representatives of member banks and,as a matter of practice, are active officers of member banks. The Class Bdirectors may not, under the law, be officers, directors, or employees of banks.At the time of their election they must be actively engaged in their districtin commerce, agriculture, or some other industrial pursuit.
The Class C directors may not, under the law, be officers, directors, em-ployees, or stockholders of banks. They are appointed by the Board ofGovernors as representatives not of any particular group or interest, but ofthe public interest as a whole.
Federal Reserve Bank branches have either five or seven directors, ofwhom a majority are appointed by the Board of Directors of the parentFederal Reserve Bank, and the others are appointed by the Board of Gov-ernors of the Federal Reserve System.
Termexpires
DIRECTORS District 1—BOSTON Dec. 31
Class A:William M. Honey President, The Martha's Vineyard National
Bank, Vineyard Haven, Mass 1972Ralph A. Mclninch President, Merchants National Bank of Man-
chester, N.H 1973Mark C. Wheeler President, New England Merchants National
Bank, Boston, Mass 1974
Class B:F. Ray Keyser, Jr Vice President, Vermont Marble Company,
Proctor, Vt 1972G. William Miller President, Textron, Providence, R.I 1973W. Gordon Robertson. .General Trustee, Bangor, Maine 1974
Class C.-Louis W. Cabot Chairman of the Board, Cabot Corporation,
Boston, Mass 1972John M. Fox President and Chief Executive Officer, H. P.
Hood & Sons, Charlestown, Mass 1973James S. Duesenberry.. .Professor of Economics, Harvard University,
Cambridge, Mass 1974
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F.E. BANES AND BRANCHES—Continued
Termexpires
DIRECTORS—Continued District 2—MEW YORK Dee. 31
Class A:Arthur S. Hamlin. . . . . .President,The Canandaigua National Bank and
Trust Company, Canandaigua, N. Y . . . . . . . . . 1972William S. Renchard.. . .Chairman of the Board, Chemical Bank, New
York, N.Y. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Norman Brassier. . . . . . . C h a i r m a n of the Board and Chief Executive
Officer, New Jersey Bank, NLA., Passaic,N . J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class B:Maurice R. Forman. . . .Chairman of the Board, B. Forman Co.,
Rochester, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . 1972Maurice F. Granville.. . .Chairman of the Board, Texaco, Inc., New
York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Frank R. Mil l iken. . . . . .President, Kennecott Copper Corporation,
New York, N . Y , . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class C:Ellison L, Hazard. . . . . .Chairman of the Executive Committee, Con-
tinental Can Company, Inc., New York,N . Y . . . . . . . . . . . . . . . . . " . . . . . . . . . . . . . . . . . 1972
Alan J. Pifer. . President, Carnegie Corporation of New York,N.Y. 1973
Roswell L. Gilpatric. , . .Partner, Cravath, Swaine & Moore, Attorneys,New York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . 1974
BUFFALO BRAN€Ii
Appointed hy Federal Reserve Bank:David J. Laub. . . . . . . .Chairman of the Board, Marine Midland Bank-
Western, Buffalo, N . Y , . . . . . . . . . . . . . . . . . . . 1972William B.Anderson. . . .President, The First National Bank of James-
town, N.Y.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Angel© A. Costanza. . , .President and Chief Executive Officer, Central
Trust Company, Rochester, N . Y . . . . . . . . . . . 1973Theodore M. McClure.. President, The Citizens National Bank and
Tryst Company, Wellsvillc, N . Y . . . . . . . . . . . 1974
Appointed hy Board of Governors:Morton Adams. . . . . . . .President, Curtice-Burns, Inc., Rochester, N.Y, 1972Rupert W a r r e n . . . . . . . . . President, Trico Products Corporation, Buffalo,
N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Norman F. Beach. . . . . .Vice President and General Manager, Kodak
Park Division, Eastman Kodak Company,Rochester, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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Termexpires
DIRECTORS- -Continued District 3 -PHILADELPHIA Dec. 31
Class A:
William R. C o s b y , . . . . . C h a i r m a n of the Board , Princeton Bank a n d
Trus t C o m p a n y , Pr inceton, N . J . . . . . . . . . . . . 1972
R i c h a r d A. Herbs t c r . . , .President , l .ewistown Trus t C o m p a n y , Lewis-
town, P e l . , . . . . . . . . . . . . . . . . . . . . . . . . . 1973
( V a c a n c y ) . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class J.-
Edward J, D w y e r . . . . . . .Chairman and Chief Executive Officer, ESB
Incorporated, Philadelphia, Pa.. . 1972
( V a c a n c y ) . . . . . 1973
C, Graham Bervvind, Jr . . President and Chief Executive Officer, Berwind
Corporat ion, Philadelphia, P a . . . . . . . . . . . . . 1974
Class C:
Bayard L. E n g l a n d . . . . . Retired Chairman of Board, Atlantic City
Electric Company, Ventnor, N . J . . . . . . . . . . 1972
John R. Coleman President. Huverford College, Haveriord, Pa., . 1973
Edw. W. Robinson. Jr . . .President, Provident Home Industrial Mutual
Life Insurance Co. , Philadelphia, P a . . . . . . . . . 1974
District 4—CLEVELAND
Class A:
David L. Brumback, Jr.. President, Van Wert National Bank, Van Wert,
Ohio . . . . . . . . . . . . . . . . . . . . ' . . . . . . . . . . ' 1972
Edward W. Barker. . . . .President. First National Bank of Middletown,
Ohio . . . , . . . . 1973
A. Bruce Bovvden.. . . . . .Vice Chairman of the Board, Mellon National
Bank and Trust Company, Pittsburgh, Pa . . . 1974
Class B:
R. Stanley L a i n g . . . . . . . Dayton, Ohio . 1972
John L. Gushman. . . . . .Chairman of the Board and Chief Executive
Officer, Anchor Hocking Corporat ion, Lan-
caster, Ohio 1973
Donald E. N o b l e . . . . . . . President and Chief Executive Officer, Rubber-
maid incorporated, Wooster, O h i o . . . . . . . . 1974
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS—Continued D i s t r i c t 4—CLEVELAND—Cont .
TermexpiresDec. 31
Class C.-Albert G. C l a y . . . . . .
J. Ward Keener
. .President, Clay Tobacco Company, Mt. Ster-ling, K y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
, .Chairman of the Executive Committee, TheB. F. Goodrich Company, Akron, Ohio . . . . 1973
Horace A. Shepard. . . . .Chairman of the Board and Chief ExecutiveOfficer, TRW inc., Cleveland, O h i o , . . . . . . 1974
C IMC INN ATI BRANCH
Appointed by Federal Reserve Batik:Paul W. Christensen, Jr., President, The Cincinnati Gear Company, Cin-
cinnati, Ohio 1972Robert E. H a l l . . . . . . . . . P r e s i d e n t , The First National Bank and Trust
Company, Troy, O h i o . . . . . . . . . . . . . . . . . . . . 1972William S. Rowe. . . . . . .President, The Fifth Third Bank, Cincinnati,
O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973E. Paul Wil l iams. . . . . . .Pres ident , Second National Bank, Ashland, Ky. 1974
Appointed by Board of Governors:Phillip R. Shr ive r . . . . . . .President, Miami University, Oxford, Ohio. . . 1972Clair F. V o u g h . . . . . . . . . V i c e President, Office Products Division, IBM
Corporation, Lexington, Ky., 1973Graham E. Marx. President and General Manager, The G. A.
Gray Company, Cincinnati, O h i o , . . . . . . . . . . 1974
PITTSBURGH BRANCH
Appointed by Federal Reserve Bank;
Robinson F, Barker.
John W. Bingham. ..
Merle E. Gil Hand...
Charles F. Ward. . .
. .Chairman of the Board and Chief ExecutiveOfficer, PPG Industries, Inc., Pittsburgh, Pa.. 1972
...President, The Merchants and ManufacturersNational Bank of Sharon, Md. 1972
. . .Chairman of the Board and Chief ExecutiveOfficer, Pittsburgh National Bank, Pitts-burgh, Pa... 1973
. . . President, Gallatin National Bank, Uniontown,P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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RE. BANKS AND BRANCHES—Continued
Termexpires
DIRECTORS—Continued District 4 - CLEVELAND—Cont. Dec. 31
PITTSBURGH BRANCH—Continued
Appointed by Board of Governors:Lawrence E. Walkley. . , Retired President, Westinghouse Air Brake
Company, Pittsburgh, Pa , . . . . . . . . . . . . . . . 1972Robert E, K i r b y . . . . . . . . President, Industry and Defense Company,
Westinghouse Electric Corporation, Pitts-burgh, Pa . . . , 1973
Richard M. C y e r t . . . . . President. Carnegie-Mellon University, Pitts-burgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
District 5—RICHMOND
Class A:Hugh A, C u r r y , . . . . . . . .President and Chief Executive Officer, The
Kanawha Valley Bunk. Charleston, W. Va.. . 1972Thomas P. McLachlen. .President, MeLaehlen National Bank, Wash-
ington, D . C . . 1973Edward N. Evans. . . . . .President, Farmers & Merchants National
Bank of Cambridge, M d . . . . . . . . . . . . . . . . . . 1974
Class B:Rober t S. S m a l l . . . . . . . . President. Dan River Inc.. Greenville, S . C . . . . . 1972H . Dail Hoiderness . . . . .President, Carolina Telephone and Telegraph
Company, Tarboro , N . C . . . . . . . . . . . . . . . . . . 1973H e n r y C . Hol'heimer, I I . .Cha i rman , Virginia Real Estate Investment
Trust , Norfolk, V a . . . . . . . . . . . . . . . . . . . . . . . 1974
Chm C.-Rober t \V. Lawson, Jr . , , Managing Partner, Charleston Office, Steptoe
& Johnson, Attorneys, Charleston, W. Va.. . 1972Stuart S h u m a t e . . . . . . . President. Richmond, Fredericksburg and
Potomac Railroad Company, Richmond, Va. 1973E, Craig W a l l S r , . . . . . . C h a i r m a n of the Board, Canal Industries, Inc.,
Conway. S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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F.R. BANKS AND BRANCHES—
Termexpires
Continued District 5—RICHMOND—Cont. Dec. 3!
BALTIMGEE BRANCH
Appointed by Federal Reserve Bank:J. R. Chaffinch, J r . . . . . . President, The Denton National Bank, Denton,
M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972James J. Robinson.. Executive Vice President, Bank of Ripley,
W. Va.. . 1973J. Stevenson Peck. . . . . .Union Trust Company of Maryland, Baltimore,
M d , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Tilton H. Dobbin, . . . . .President and Chairman of the Executive Com-
mittee, Maryland National Bank, Baltimore,M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Arnold J. Kleff, Jr. , . . . .Former Manager, Baltimore Refinery, Ameri-
can Smelting and Refining Company, Balti-more, M d . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
John H. Fetting, J r . . . . . .President, A. H. Fettieg Company, Baltimore,M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
James G. Bar low. . . . . . .Pres ident , West Virginia University, Morgan-town, W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
CHARLOTTE BRANCH
Appointed by Federal Reserve Bank:J. Willis Cantey. . . . . . . .Chairman and Chief Executive Officer, The
Citizens & Southern National Bank of SouthCarolina, Columbia, S . C . . . . . . . . . . . . . . . . . . 1972
C. C. C a m e r o n . . . . . . . . . C h a i r m a n of the Board and President, FirstUnion National Bank of North Carolina,Charlotte, N.C. . . . . . . . . . . . . . . . . . . . . . 1973
H. Phelps Brooks, Jr. . . .President, The Peoples National Bank, Chester,S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
L. D. Coltranes I I I . . . . . President, The Concord National Bank, Con-cord, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Robert C. E d w a r d s . . . . . President, Clemson University, CJemsoti, S.C... 1972Charles W. DeBe l l . . . . . . General Manager, North Carolina Works,
Western Electric Company, Inc., Winston-Salem, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Charles F. Benbow. . . . .Vice President, R. J. Reynolds Industries, Inc.,Winston-Salem, N . C . . . . . . . . . . . . . . . . . . . . . 1974
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F.K. BANES AMD TtRASiZlUlS-Continued
Termexpires
DIRECTORS—Continued District 6—ATLANTA Dec. 31
Class A:William B. Mil ls . . . . . . . P r e s i d e n t , T h e Flor ida Nat ional Bank, Jack-
sonville, F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
A, L. E l l i s . . . . . . . . . . . . . C h a i r m a n of the Board, First Nat iona l Bank,
Ta rpon Spr.in.gs, F l a . . . . . . . . . . . . . . . . . . . . . . 1973
Jack P. Ke i th . . . . . . . . . . P r e s i d e n t , First Nat iona l Bank of West Point ,
G a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class B.-Phil ip J. L e e . . . . . . . . . . . V i c e President, T r o p i c a n a P roduc t s , Inc . ,
T a m p a , F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1*>72Hoskins A. Shadow.... .President, Tennessee Valley Nursery, Inc.,
Winches ter , T e n e . . . . . . . . . . . . . . . . . . . . . . . . 1^7,*
O w e n C o o p e r . . . . . . . . . . P r e s i d e n t , Mississippi Chemica l C o r p o r a t i o n ,
Y a z o o City, M i s s . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class C:F. Evans F a r w e l l . . . . . . . P r e s i d e n t , Milliken and Farwell, Inc., New Or-
leans, L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
John C. W i l s o n . . . . . . . . P r e s i d e n t , Home-Wilson, Inc., Atlanta, G a . . . . 1973
H. G. P a t t i l l o . . . . . . . . . . P r e s i d e n t , Pattillo Construct ion Company ,
Inc., Decatur , G a . . . . . . . . . . . . . . . . . . . . . . . . 1974
BIRMINGHAM BRANCH.
Appointed by Federal Reserve Bank:Harvey T e r r e l l . . . . . . .Chai rman •*! the Board, The First Na t iona l
Bank oi Birmingham, A l a . . . . . . . . . . . . . . . . . 1972
Wallace D . Malone , J r , . . President ami Cha i rman of the Board, The
I irst Hittunnl Bank of Dothan, A l a . . . . . . . . 1973
C 1 ogan Tay lor . . . .Chai rman of the Board, T h e First State Bank
or*O\tord, Ala. . . . . . . . . . . . . . . . . . . . . . . . . 1973
W. Eugene M o r g a n . . Prusidivsf and Chief Executive Officer, The
Fitsf Nat ional Bank of Huntsville, A l a . . . . . 1974
Appointed by Board of * h <tvr/>« >r.v *
Frederick G. Koenig, Jr I'rostOont atkl < 'iwrf Executive Officer, A labama
ih PitHftu/i'. i ^iporation, Birmingham, Ala. 1972
David M a t f a e w s . . . . , P r c i J c n i , I '«u\M\^ty of Alabama, University,
Ala. . . . . . . . . . . . . . . . . . . . . . . . . . . . . W73
William C. B a u e r . . . , . . ?>asuiait, HoiilU Central Bell, Birmingham,
\ l a . . . , . . . . . . . . . . . . . . . . . . . . . . . . . i!i7J
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS - -Continued District 6-- ATLANTA—Cont.
TermexpiresDec. 31
JACKSONVILLE BRANCH
Appointed by Federal Reserve Bank:James G. Richardson. . .Chairman of the Board and President, The
Commercial Bank and Trust Company ofOcala, Fla .. 1972
Malcolm C. Brown. . . . .President and Chairman of the Board, FloridaFirst National Bank at Brent, Pensacola,Fla . . . . . 1973
A. Clewis Howel l . . . . . . .President, Marine Bank & Trust Company,Tampa, Fla.. . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Guy W. B o t t s . . . . . . . . . .Vice Chairman of the Board, Barnett Bank ofJacksonville, N.A., Jacksonville, F i a . . . . . . . 1974
Appointed by Board of Governors:Henry K. Stanford. President, University of Miami, Coral Gables,
F l a . . . . . . . 1972Henry Cragg. Vice President, The Coca-Cola Company Foods
Division, Winter Park, H a , . . . . . . . . . . . . . . . 1973Gert H. W. Schmidt. . . .President, Television 12 of Jacksonville, Fia.. 1974
NASHVILLE BRANCH
Appointed by Federal Reserve Bank:Edward C. Huffman. . . .Chairman of the Board and President, First
National Bank, Shelbyville, Tenn. 1972Dan B. A n d r e w s . . . . . . . President, First National Bank, Dickson,
Term. 1973Edward G. Ne l son . . . . . . President, Commerce Union Bunk, Nashville,
Tenn. 1973Thomas C. Mottern. . . .President, Hamilton National Bank of Johnson
City, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:John C. Tune. . . . . . . . . .Partner. Boiler, Me Hugh, Butler, Tune &
Watts. Attorneys. Nashville. Tenn. 1972James W. Long. . . . . . . .President. Robertson County Farm Bureau,
Springfield, Tenn, 1973Edward J. Bal ing. . . . . . .Pres ident , University of Tennessee, Knoxvilie,
T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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F.E. BANKS AND BRANCHES—Continued
Termexpires
DIRECTORS—-Continued District 6—ATLANTA—Cont. Dec. 31
NEW ORLEANS BRANCH
Appointed by Federal Reserve Bank:H. P. Heidelberg, J r . . . . .President, Pascagoula-Moss Point Bank, Pasca-
gouia, M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972Tom A. Flanagan, J r . . . . President, Lakeside National Bank of Lake
Charles, L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Lawrence A. Merrigan.. President, The Bank of New Orleans and
Trust Company, New Orleans, L a . . . . . . . . . 1973Archie R. McDonnell . . . President, Citizens National Bank, Meridian,
M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Edwin J. Caplan. . . . . . . P re s iden t , Caplan*s Men's Shops, Inc.,
Alexandria, L a . . . . . . . . . . . . . . . . . . . . . . . . . . 1972Broadus N, B u t l e r , . . . . .President, Dillard University, New Orleans,
L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Fred Adams, J r . . . . . . . . .P re s iden t , Cal-Maine Foods, Inc., Jackson,
M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class A:Edward Byron Smith. .
Melvin C. Lockard . . .Floyd,F. Whitmore...
Class B.-William H. Da¥idsoo
Howard M. Packard. ,
John T. H a c k e t t . . . . . .
Class C:Emerson G. Higdon..
John W. B a l r d . . . . . . .William H. Franklin.
District 7 ^
.Chairman of the Board, The Northern TrustCompany. Chicago, 1 1 1 . . . . . . . . . . . . . . . . . . . . 1972
. President, First National Bank, Mattoon, 111... 1973
.President, The Okey-Vernon National Bank,Coining, I o w a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
. President, Harley-Davidson Motor Co., Inc.,Milwaukee, W i s . . . . . . . . . . . . . . . . . . . . . . . . . 1972
.Vice Chairman, S. C. Johnson & Son, Inc.,Racine, Wis.. . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
. Executive Vice President, Cummins EngineCompany, Inc., Columbus, I n d . . . . . . . . . . . . 1974
.Chairrian of the Board, The Maytag Com-pany, Newton, I o w a . . . . . . . . . . . . . . . . . . . . . 1972
. President, Baird & Warner, Inc., Chicago, 111.. 1973
.Chairman of the Board, Caterpillar TractorCo., Peoria, 1 1 1 . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS—Continued District 7—CHICAGO—Cont.
TermexpiresBee, 31
DETROIT BRANCH
Appointed hy Federal Reserve Bank:George L. Whyei. .President, Genesee Merchants Bank & Trust
Company, Flint, Mich. 1972Roland A, Mewhort. . . .Chairman, Manufacturers National Bank of
Detroit, Mich., . . 1972Ellis B, M e r r y , . . . . . . . . .Chairman of the Board, National Bank of
Detroit, Mich., 1973Harold A. E l g a s , . . . . . . . President, Gaylord State Bank, Gaylord, Mich. 1974
Appointed by Board of Governors:W, M. Defoe, . . . . . . . . . C h a i r m a n of the Board, Defoe Shipbuilding
Company, Bay City, M i c h . . . . . . . . . . . . 1972L. Wm. Seidman.. . . . . . Resident Partner, Seidman & Seidman, Grand
Rapids. Mich.. . . . 1973Peter B. Clark . Chairman of the Board and President, The
Evening News Association, Detroit, Mich.. . 1974
D i s t r i c t 8 - S T . L O U I S
Class A:Cecil W. Cupp, J r . . . . . . . President, Arkansas Bank & Tru*>t Company.
Hot Springs, Ark., 1972Bradford Brett, . . . . . . . . President, The First National Bank of Mexico,
Mo.. . . . . 1973Edwin S. J o n e s . . . . . . . . . C h a i r m a n of the Board* First National Bank
in Si. Louts, Mo. J974
Class B:iid\uti\! J. Sehnuck .
Fred I. Brown. Jr. ,
, . .Chairman of the Board, Sehnuck Markets, Inc.,Bridgeton. Mo... , 1972
. .President. Arkansas Foundry Company. LittleRock, Ark 1973
James M. Tuhokki , . .President, Mead Johnson & Company, Evans-ville, Ind.... 1974
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Class C:Sam C o o p e r . . . . . . . ...President, HitniKo Products, Division oi
Krafreo Corporation. Memphis, h-rm. 1972Harry M. Young, Jr.. Vieiiose Farms, ilernclon, K\. , . 1973Frederic M. Pelrce.. . . .Chairman of the Hoard and Chief Executive
Otfieer. General American Life insuranceCompany, St. Louis, Mo. . . . . . . , 1974
L11TLF. ROtlK BRANCH
Appointed by Federal Reserve Bank:Ellis E. Shelton. . . . . . . .President, The First National Bank of Fayette-
ville, Ark.. , . . . . . . , 1972Wayne A. S t o n e . . . . . . . .Chairman of the Board and Chief Executive
Oflicer, Simmons First National Bank ofPine Bluff. Ark. 1972
Edward M, Penick. . . . . President and Chief Executive Officer, Wort henBank & Trust Company, Little Rock. Ark.. . 1973
Will H. K e l l e y . . . . . . . . President and Chief Executive Officer. The SuiteFirst National Bank of Texarkana, A r k , . . . . 1974
Appointed hy Board oj Governors:Jake Hartz, Jr.. . . . . . . . . P r e s i d e n t , Jacob Hart/ Seed Co., Inc.. Stutt-
gart, Ark.. . . . , 1972Roland R. Remmel. , . Chairman of the Board, Southland Building
Products Co., Little Rock. Ark. 1973Al Pollard, . . . . . . . . . . . President. AI Pollard & Associates. Little Rock,
A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
LOU1S¥1LLE BRANCH
Appointed by Federal Reserve Bunk :Paul Chase, . . . . . . . . . .President. The Bedford National Bank, Bed-
ford. Ind. . . . . , , 1972Herbert J. Smith, . . . . . .President. The American National Bank &
Trust Company of Bowling Green, Ky.. . . 1972Harold E. Jackson.. . . . .President, The Scott County Stale Bank,
Scottsburg. I n d . . . . . . . . . ,. . . . . . . . . . . 1973Hugh M. Shwab. . . . . . . C h a i r n - a n of the Boards, First National Bank
of Louisville and The Kentucky Trust Com-pany, Louisville, K y , . . . . . . . . . . . . . . . . . . . . . 1974
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LOUISVILLE BRANCH—Continued
Appointed by Board of Governors:James H. D a v i s . . . . . . . . Chairman and Chief Executive Officer, Porter
Paint Company, Louisville, K y . . . . . . . . . . . . 1972William H. S t roube . . . . .Associate Dean, College of Science and Tech-
nology, Western Kentucky University, Bowl-ing Green, K y . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
James C. Hendershot. . . President and Chief Operating Officer, RelianceUniversal, Inc., Louisviile? K y . . . . . . . . . . . . . 1974
MEMPHIS BRANCH
Appointed by Federal Reserve Bank:James R. F i t zhugh . . . . . . Executive Vice President, Bank of Ripley, Tene. 1972Wayne W. Pyeat t . . . . . . .Pres ident , National Bank of Commerce, Mem-
phis, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972J. J. White. . . . . . . . . . . . P r e s i d e n t , Helena National Bank, Helena, Ark. 1973Garner L. Hickman. . . . .Chairman and President, The First National
Bank of Oxford, M i s s . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:William L. Giles. . . . . . . P r e s iden t , Mississippi State University, State
College, M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972Alvin Huffman, J r . . . . . . President, Huffman Brothers Incorporated,
Blytheville, Ark.. 1973C, Whitney Brown , . . . . .President, S, C. Toof & Company f Memphis,
T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
D i s t r i c t 9 — M I N N E A P O L I S
Class A:John Bosshard., . . . Executive Vice President, First National Bank
of Banger, W i s . . . . . . . . . . . . . . . . . . . . . . . . . . 1972Philip H. N a s o n . . . . . . . . C h a i r m a n of the Board, The First National
Bank of Saint Paul, M i n n , . . . . . . . . . . . . . . . . 1973Roy H. Johnson . . . . . . . .P res ident , The First National Bank of Ne-
gauEee, M i c h , . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Class B:
David M, H e s k e t t . . . . . . President, Montana-Dakota Utilities Co.,Bismarck, N . D . . . . . . . . . . . . . . . . . . . . . . . . . . 1972
Dale ¥ . Andersen. . . . . .President, Mitchell Packing Company, Inc.,Mitchell, S . D . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
John H. B a i l e y . . . . . . . . .President, The Cretex Companies, Inc., ElkRiver, M i n n . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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Class C:David M, L i l l y , . . . . . . .Chairman ot* flit* Board. The Toro Company,
Minneapolis. Minn.. . , 1972Russ B. Hart . . . . . . . .President, Hart-Alhin Company, Billings,
M o o t , . . . 1973
Bruce B. D a y t o n , . . . . . . C h a i r m a n of the Board, Day ton H u d s o n
C o r p o r a t i o n . Minneapol is , Minn , . . . . . . . . . 1974
IiFLEX\ BRANCH
Appointed by Federal Reserve Bunk:E. Lowry Kunkel... , . ['resident. First National Bank, Buttc, Mont., . 1972Robert I. P e n n e r . . . . . . President, Citizen^ First National Bank,
Wolf Point, Mont . . . . . . . 1972Richard D. Ruble . . ...President, Missoula Bank of Montana,
Missoula, Mont.. . . . . . . . 1973
Appointed by Board of Governors:Warren. B. Jones. . . . . . Secretary-Treasurer, Two Dot Land and
Livestock Company. Hariovvton. Mont.. , , . 1972William A. Cordingles . Publisher, Great Falls Tribune, Great Falls,
Mont . . . . . . . . 1973
D i s t r i c t 10- KANSAS C I T Y
Class A:
Roger D . Knight, Jr . . . . .Chairman of the Board, United Banks of
Colorado. Inc.. Denver, C o l o . . . . . . . . . . . . . . 1972
C. Mose M i l l e r . . . . . . . . Chairman ot* the Board and President, The
Farriers and Merchants State Bank, Colby,
Kan. 1973
John A. O ' L e a r y . . . . . . Chairman of the Board, The Peoples State
Bank, Luray, K a n . . . . . . . . . . . . . . . . . . . . . . . 1974
Class B:Cecil O. E m r i c h . . . . . . . .President, C. O. Emrich Enterprises, Norfolk,
Ncbr. . 1972
Alfred E. J o r d a n . , , , . .Vice President, T r a n s World Airl ines, Inc. ,
Kansas City, M o . . . . . . . . . . . . . . . . . . . . . . . . 1973
F r a n k C. L o v e . . . . . . . . .President . Kerr-McGee C o r p o r a t i o n , Okla -
h o m a City, O k l a . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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Class C:Wiliard Deere Hostbrd,
J r . . . . . . . . . . . . . . . . . .Retired Vice President and General Manager,John Deere Company, Omaha, Nebr. . . . . . 1972
Robert T. P e r s o n , . . . . . .President and Chairman of the Board, PublicService Company of Colorado, Denver, Colo. 1973
Robert W. Wagstatt*. . . .Chairman of the Board and President, Coca-Cola Bottling Company of Mid-America,Kansas City, M o . . . . . . . . . . . . . . . . . . . . . . . . 1974
DKNVER BRANCH i
Appointed by Federal Reserve Bank:Robert L. T r i p p . . . . . . . .President. Albuquerque National Bank. Albu-
querque, N. Mex. 1972Dale E , Hinman. . . . . . .Chairman of the Board, The Greeley National
Bank, Greeley, C o l o . . . . . . . . . . . . . . . . . . . . . . 1972John W. Hay, J r . . . . . . . . President, Rock Springs National Bank, Rock
Springs, W y o . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:David R. C. B r o w n . . . . .Pres ident . T h e Aspen Ski ing C o r p o r a t i o n ,
Aspen . C o l o . . , . . . . . . . . . 1972
M a u r i c e B . Mitchel l . , .Chancel lor , Universi ty of Denver , C o l o , . . . . . . 1973
OKLAHOMA CITY BRANCH
Appointed by Federal Reserve Bank:Marvin Millard. . . . . . . .Chairman of the Board, National Bank of
Tulsa. Okla. 1972Hugh C. Jones Executive Vice President, The Bank of Wood-
ward, O k l a . . . . . 1972W. H. McDonald. . . . . .Chairman of the Executive Committee, The
First National Bank and Trust Company ofOklahoma City, O k l a . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:Florin W. Z a l o u d e k . . . .Manager, j . I. Case Implements, Kremlin,
Okia. 1972Joseph H. Williams. . . . .President and Chief Operating Officer, The
Williams Companies, Tulsa, O k l a . . . . . . . . . . 1973
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OMAHA BRANCH
Appointed by Federal Reserve Bank :Edward W. Lyman. . . . .President, The United States National Bank
of Omaha, Nebr. 1972S. N. Wolbach . . . President. The First National Bank of Grand
island, Nebr, 1973Glenn Yaussi., ..Chairman of the Board, National Bank of
Commerce Trust & Savings, Lincoln, Nebr... 1973
Appointed by Board of Governors:Henry Y. Kleinkauf. . . . President, Natkin & Company, Omaha, Nebr.. 1972A. James Ebel. . . . . . . . . V i c e President and General Manager, Corn-
hysker Television Corporation, Lincoln,N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
District li^-DALLAS
Class J.-M u r r a y Kyger . . . . . . . . .Chairman of the Executive Committee, T h e
First National Bank of Fort Worth, Tex. . . . 1972J. V. K e l l y . . . . . . . . . . . . . P r e s i d e n t . The Peoples National Bank of Bel-
ton, Tex.. . . . . . . . . . . . . . . . . . . . . . . . . . . 1973A. W. Riter, J r . . . . . . . . . .President, The Peoples National Bank of Tyler,
Tex.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class B:C. A. Tatum, J r . . . . . . . . C h a i r m a n of the Board and Chief Executive
Officer, Texas Utilities Company, Dallas,Tex. . . . . . . . 1972
Carl D. N e w t o n . . . . . . . Chairman of the Board, Fox-Stanley PhotoProducts , Inc., San An ton io , T e x . . . . . . . . . . 1973
H u g h F , S t een . . . . . . . . .President , Ei Paso Na tu ra l G a s C o m p a n y ,
El Paso, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Class C;Philip G . H o f f m a n . . . . . . President, Universi ty of Hous ton , T e x , . . . . . . . 1972
J o h n L a w r e n c e . . . . . . . . . C h a i r m a n of the Board , Dresser Industr ies ,
Inc . , Dal las , T e x . . . . , , , . . . 1973
Chas . F . J o n e s . . . . . . . . . D e a n , College of Business Admin i s t r a t ion ,
Universi ty of H o u s t o n , T e x . . . . . . . . . . . . . . . 1974
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EL PASO BRANCH
Appointed by Federal Reserve Batik :Archie B. Scott. .President. The Security State Bank of Pecos,
Tex,. 1972Sam D. Young, J r . . . . . .President, El Paso National Bank, El Paso,
Tex.. . . . . . . 1972Cuilen J. Kelly .. . . President, The First National Bank of Midland,
Tex.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Wayne S t e w a r t . . . . . . . . .President, first National Bank in Aiamagordo,
N. M e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Allan B. Bowman. . . . . .President and General Manager, Banner Min-
ing Company, Tucson, Ariz. 1972Herbert M.Schwartz... .President, Popular Dry Goods Co., Inc., El
Paso, Tex.. . 1973Gage Holland...... . . . .Owner, Gage Holland Ranch, Marathon, Tex.. 1974
HOUSTON BRANCH
Appointed by Federal Reserve Bank:W. G. Thornell. . . . . . . .Chairman of the Board and President, The
First National Bank of Port Arthur, Tex.. . . 1972John E. Whi tmore . . . . . .Chairman of the Board and Chief Executive
Officer, Texas Commerce Bank NationalAssociation. Houston, Tex. . . . . . . . . . . . . . . 1972
Kline McGee. . . . . . . . . . C h a i r m a n of the Board, Southern NationalBank of Houston, Tex.. 1973
Seth W. D o r b a n d t . . . . . .Chairman of the Board and President, FirstNational Bank In Conroe, Tex.. 1974
Appointed by Board of Governors:Geo, T. Morse. J r . . . . . . .Vice Chairman of the Board and Chief Oper-
ating Officer, Peden Industries, Inc., Hous-ton, Tex. 1972
M. Steel Wright, J r . . . . .Chairman of the Board, Texas Farm ProductsCompany, Nacogdoches. Tex.. 1973
R. M. B u c k l e y . . . . . . . . . President and Director, Eastex Incorporated,SiLbee, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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SAX ANTONIO BRANCH
Appointed by Federal Reserve Bank:T o m C, Frost , J r . . . . . .Chairman of the Board. The Frost Nat ional
Batik of San Antonio, T e x , . . . . . . . . 1972
W. O. R o b e r s o n . . . . . . . . President, First National Bank at Brownsville,
Tex. . . . . . . . . . . 1972
E a y M. Keck, J r . . . . . . . .Chairman of the Board and President, Union
National Bank of Laredo. Tex.. . . . . . 1973
Leon S t o n e . . . . . . . . . . . . President, The Austin National Bank, Austin,
Tex, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:W. A. B e l c h e r . . . . . . . . . .Veterinarian and rancher, Corazon Ranch,
Brackettviile, Tex. 1972Irving A. Mathews, . . . .Chairman of the Board and Chief Executive
Officer. Fro^t Bros., Inc., San Antonio, Tex.. 1973Marshall Boykin, III... .Partner, Wood, Boykin & Wolter, Corpus
Christi, Tex. 1974
District 12 -SAN FRANCISCO
Class A:Carroll F . B y r d . . . . . . . . C h a i r m a n of the Board and President, The First
National Bank of Willows, Ca l i f , . . . . . . 1972
Ralph J. V o s s . . . . . . . . . .President, First National Bank of Oregon,Portland, Orcg. 1973
Carl E. Schroeder . . . . . .President, The First National Bank of OrangeCounty, Orange, C a l i f . . . . . . . . . , . . . . . 1974
Class J.-J o s e p h R o s e n b l a t t . . . . . . H o n o r a r y C h a i r m a n of* t h e B o a r d , T h e E i m c o
C o r p o r a t i o n , Salt L a k e Ci ty , U t a h . . . . . . . . 1972M a t r o n K e n d r i c k . . . . . . Pres ident a n d C h a i r m a n of the B o a r d , Schlage
Lock C o m p a n y , S a n F ranc i s co , C a l i f . . . . . . . 1973C h a r l e s R. D a h l . . . . . . . . P r e s i d e n t C r o w n Ze l l e rbaeh , S a n F r a n c i s c o ,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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Class C:S. Alfred H a l g r e n . . . . . . Senior ¥ice President, Carnation Company,
Los Angeles, C a l i f . . . . . . . . . . . . . . . . . . . . . . . 1972O. Meredith W i l s o n . . . . President and Director, Center for Advanced
Study in the Behavioral Sciences, Stanford,C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Mas O j i . . . . . . . . . . . . . . . P r e s i d e n t , Oji Bros. Farm, Inc., Yuba City,C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
LOS ANGELES BRANCH
Appointed by Federal Reserve Bank:W. Gordon Ferguson. . . President, National Bank of Whittier, Calif.... 1972Linus E. Southwick. . . . . President, ¥alley National Bank, Glendale,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Carl E. Hartnack . . . . . . . President^ Security Pacilc National Bank, Los
Angeles, C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Rayburn S. Dezember. . . Chairman of the Board and President, Ameri-
can National Bank, Bakersleld, Cal i f . . . . . . 1974
Appointed by Board of Governors;Leland D. P r a t t . . . . . . . . P r e s i d e n t , Kelco Company, San Diego, Calif.., 1972Edward A. S loan . . . . . . .P res iden t , Sloan's Dry Cleaners, Los Angeles,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Ruth H a n d l e r . . . . . . . . . . P r e s i d e n t , Mattel, Inc., Hawthorne, Calif,... 1974
PORTLAND BRANCH
Appointed by Federal Reserve Bank:James H. S t a n a r d . . . . . . Vice President, First National Bank of
McMinnville, G r e g , , . . . . . . . . . . . . . . . . . . . . . 1972Frank L. Servoss . . . . . . .Pres ident , Crater National Bank of Medford,
O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1972LeRoy B. S t a v e r . . . . . . . Chairman of the Board and Chief Executive
Officer, United States National Bank of Ore-gon, Portland, O r e g . . . . . . . . . . . . . . . . . . . . . . 1973
Appointed by Board of Governors:John R. H o w a r d . . . . . . . President, Lewis and Clark College, Portland,
Oreg. 1972Frank Ander son . . . . . . . .Fa rmer , Heppner, O r e g . . . . . . . . . . . . . . . . . . . . 1973
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SALT LAKE CITY BRANCH
Appointed by Federal Reserve Bank:Roderick H. Browning , President, Bank of Utah, Ogcien. U tah . 1972Roy W. Simmons. . . , , , President, Zions First National Bank, Salt Lake
City, U t a h . . . . . . . , . . . . . . . . . . . . . . . . . . 1972Joseph Bianco. . . . . . . . . C h a i r m a n of the Board and President, Bank of
Idaho, Boise, Idaho . . . 1973
Appointed by Board of Governors:i Vacancy) . . . . . . 1972TheodoreC. Jacobsen. . .Chairman of the Board, Jaeobsen Construc-
tion Company, Inc.. Salt Lake City, Utah.. 1973
SEATTLE BRANCH
Appointed by Federal Reserve Bank:A. E. S a u n d e r s . . . . . . . . .Vice Chairman of the Board, Puget Sound
National Bank. Tacoma. W a s h . . . . . . . . . . . . 1972Philip H. S t a n t o n . . . . . . . President, Washington Trust Bank, Spokane,
W a s h . . . . . . . . . . . . . . . . . . . . 1972Joseph C. Baillargeon. . .Chairman of the Board and Chief Executive
Officer, Seattle Trust & Savings Bank, Seattle,W a s h . . . . . . . . . . 1973
Appointed by Board of Governors:C. H e n r y Bacon, J r . . . . .Vice C h a i r m a n of t he Boa rd , S impson T i m b e r
C o m p a n y , Seat t le , W a s h . . . . . . . . . . . . . . . . . . 1972
T h o m a s T . H i r a l . . . . . . . P r e s i d e n t , Qual i ty G r o w e r s C o m p a n y , Inc . ,
Woodinville, W a s h . . . . . . . . . . . . . . . . . . . . . . . 1973
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS
(December 31,1972)
FederalReserve
Bankor branch
PresidentFirst Vice President Vice Presidents
Boston.
New York. . .
Frank E. MorrisE. O. Latham
Alfred HayesWilliam F. Treiber
Buffalo
Philadelphia.
Cleveland . . .
Cincinnati
Pittsburgh
Richmond. . .
David P. EastburnMark H. Willes
Willis J. WinnW. H. MacDonald
Aubrey N. HeflinRobert P. Black
D. Harry AngneyLee J. AubreyFoster K. CummingsLuther M. Hoyle, Jr.Donald A. PelletierLaurence H. StoneJames T. Timberlake
Daniel AquilinoNorman T. ByrnesR. W. EisenmengerNiels O. LarsenRichard E. RandallJ. M. Thayer, Jr.Richard A. Walker
David E. Bodner W. H. Braun, Jr.Charles A. Coombs Richard A. DebsPeter Fousek Edward G. GuyAlan R. Holmes John T. KeaneLeonard Lapidus Robert G. LinkFred W. Piderit, Jr. Everett B. PostPeter D. Sternlight T. M. Timlen, Jr.Thomas O. Waage
Angus A. Maclnnes, Jr.
Edward A. AffEdward G. BoehneThomas K. DeschJoseph R. JoyceG. William MetzWilliam E. RomanRobert R. Swander
John E. BirkyPaul BreidenbachElmer F. FricekW. H. HendricksJohn J. HoyFrederick S. Kelly
Hugh BarrieJoseph M. CaseWilliam A. JamesA. A. KudelichL. C. Murdoch, Jr.Kenneth M. Snader
George E. Booth, Jr.Roger R. ClouseR. Joseph GinnaneWilliam J. HocterHarry W. HuningR. Thomas King
Robert E. Showalter Donald G. VincelRobert D. DugganFred O. KielJames H. CampbellCharles E. Houpt
L. W. Bostian, Jr.John G. DeitrickH. Ernest FordA. V. Myers, Jr.James ParthemosJohn F. RandAubrey N. SnellingsWilliam F. Upshaw
W. T. Cunningham, Jr.Welford S. FarmerWilliam C. GloverJohn L. NoskerC. D. Porter, Jr.R. E. Sanders, Jr.Andrew L. Tilton
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserve
Bankor branch
Richmond—Cont.
Baltimore
Charlotte
Culpeper1
Atlanta
Birming-ham
Jackson-ville
Miami1
NashvilleNew
Orleans
Chicago
Detroit
St. Louis . . .
LittleRock
PresidentFirst Vice President
Monroe KimbrelKyle K. Fossum
Robert P. MayoErnest T. Baughman
Darryl R. FrancisEugene A. Leonard
Vice Presidents
H. Lee Boatwright, IIIA. A. Stewart, Jr.Gerald L. WilsonStuart P. FishburneJimmie R. MonhollonJ. Gordon Dickerson, Jr.Albert D. Tinkelenberg
Harry Brandt Robert P. ForrestalBilly H. Hargett Robert E. HeckArthur H. Kantner J. E. McCorveyBrown R. Rawlings Richard A. SandersCharles T. Taylor Pierre M. Viguerie
Dan L. Hendley
Edward C. RaineyW. M. DavisJeffrey J. Wells
George C. Guynn
Carl E. Bierbauer George W. CloosLeRoy A. Davis R. W. DybeckElbert O. Fults V. A. HansenEdward A. Heath Ward J. LarsonR. A. Moffatt J. R. MorrisonR. M. Scheider Karl A. ScheldHarry S. Schultz Bruce L. SmythJack P. Thompson Allen G. Wolkey
William C. ConradDaniel M. DoyleRonald L. Zile
Leonall C. Andersen Gerald T. DunneJoseph P. Garbarini W. W. GilmoreJerry L. Jordan John W. MengesD. W. Moriarty, Jr. F. G. Russell, Jr.Charles E. Silva Harold E. UthoffHoward H. Weigel
John F. Breen
1 Not considered a branch.
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserve
Bankor branch
St. Louis—Cont.
LouisvilleMemphis
Minneapolis .
Helena
Kansas City.
DenverOklahoma
CityOmaha
Dallas
El PasoHouston
SanAntonio
SanFrancisco..
T AO.LOS
Angeles
PortlandSalt Lake
CitySeattle
PresidentFirst Vice President
Bruce K. MacLauryM. H. Strothman, Jr.
George H. ClayJohn T. Boysen
Philip E. ColdwellT. W. Plant
John J. BallesA. B. Merritt
Vice Presidents
Donald L. HenryL. Terry Britt
Frederick J. Cramer Ralph J. DreitzlerL. W. Fernelius Lester G. GableThomas E. Gainor Roland D. GrahamDouglas R. Hellweg John A. MacDonaldDavid R. McDonald Clarence W. NelsonJohn P. Olin C. A. Van NiceR. W. Worcester
Howard L. Knous
W. T. Billington H. R. CzerwinskiThomas E. Davis Raymond J. DollJoseph R. Euans Roger GuffeyJ. David Hamilton Wayne W. MartinM. L. Mothersead Robert E. Thomas
George C. Rankin
William G. EvansRobert D. Hamilton
Robert H. Boykin Leon W. CowanRalph T. Green Larry D. HigginsJames A. Parker W. M. PritchettT. J. Salvaggio T. R. SullivanE. W. Vorlop
Frederic W. ReedJames L. CauthenRasco R. Story
Carl H. Moore
A. S. Carella J. H. CravenD. M. Davenport W. H. HutchinsH. B. Jamison G. R. KellyD. V. Masten Rix Maurer, Jr.Louis E. Reilly R. G. RetallickKent O. Sims J. B. Williams
P. W. CavanW. G. DeVriesW. M. Brown
A. L. PriceW. R. Sandstrom
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F.R. BANKS AND BRANCHES—Continued
CONFERENCE OF PRESIDENTSThe Presidents of the Federal Reserve Banks are organized into a Con-
ference of Presidents that meets from time to time to consider matters ofcommon interest and to consult with and advise the Board of Governors.At a meeting on February 9, 1971, the Conference elected Mr. Francis(President of the Federal Reserve Bank of St. Louis) and Mr. Kimbrel(President of the Federal Reserve Bank of Atlanta) Chairman and ViceChairman, respectively, for the remainder of 1971 and for the forthcomingConference year, ending with the March 1972 meeting. At the meeting onMarch 20, 1972, Mr. Kimbrel and Mr. Coldwell (President of the FederalReserve Bank of Dallas) were elected Chairman and Vice Chairman, respec-tively, for the remainder of 1972 and for the forthcoming Conference year,ending with the March 1973 meeting.
At the February and March 1971 meetings, Mr. Joseph P. Garbarini(Federal Reserve Bank of St. Louis) and Mr. H. Terry Smith (FederalReserve Bank of Atlanta) were appointed Secretary and Assistant Secretary,respectively. Mr. H. Terry Smith and Mr. Robert Smith, III (Federal ReserveBank of Dallas) were appointed Secretary and Assistant Secretary, respec-tively, at the March 1972 meeting.
CONFERENCE OF FIRST VICE PRESIDENTSThe Conference of First Vice Presidents of the Federal Reserve Banks
was organized in 1969 to meet from time to time, primarily for the con-sideration of operational matters. Effective March 1, 1971, Mr. Lewis (FirstVice President of the Federal Reserve Bank of St. Louis) and Mr. Fossum(First Vice President of the Federal Reserve Bank of Atlanta) were electedChairman and Vice Chairman, respectively, of the Conference. Mr. JosephP. Garbarini and Mr. H. Terry Smith were appointed Secretary and AssistantSecretary, respectively. On August 3, 1971, Mr. Leonard (First Vice Presidentof the Federal Reserve Bank of St. Louis) was elected Chairman to succeedMr. Lewis, who retired on July 31, 1971.
On May 2, 1972, the Conference elected Mr. Fossum as Chairman andMr. Plant (First Vice President of the Federal Reserve Bank of Dallas) asVice Chairman, and appointed Mr. H. Terry Smith and Mr. Robert SmithIII, as Secretary and Assistant Secretary, respectively, for the forthcomingConference year.
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FEDERAL RESERVE BANKS ANDBRANCHES(December 31, 1973)
CHAIRMEN AND DEPUTY CHAIRMEN OFBOARDS OF DIRECTORS
Federal ReserveBank of—
Chairman andFederal Reserve Agent
DeputyChairman
BostonNew York . .Philadelphia .Cleveland . . .Richmond . . .AtlantaChicagoSt. LouisMinneapolis .Kansas City .DallasSan Francisco
James S. DuesenberryRoswell L. GilpatricJohn R. ColemanHorace A. ShepardRobert W. Lawson, Jr.John C. WilsonWilliam H. FranklinFrederic M. PeirceDavid M. LillyRobert W. WagstaffChas. F. JonesO. Meredith Wilson
Louis W. CabotFrank R. MillikenEdward J. DwyerJ. Ward KeenerStuart ShumateH. G. PattilloPeter B. ClarkSam CooperBruce B. DaytonRobert T. PersonJohn LawrenceJoseph F. Alibrandi
CONFERENCE OF CHAIRMENThe Chairmen of the Federal Reserve Banks are organized into a Con-
ference of Chairmen that meets from time to time to consider matters ofcommon interest and to consult with and advise the Board of Governors.Such meetings, attended also by Deputy Chairmen of the Reserve Banks,were held in Washington on June 21 and on November 29 and 30, 1973.
Mr. David M. Lilly, Chairman of the Federal Reserve Bank of Minneap-olis, who was elected Chairman of the Conference and of its Executive Com-mittee in December 1972, served in that capacity until the close of the 1973meetings. Mr. Robert W. Wagstaff, Chairman of the Federal Reserve Bankof Kansas City, and Mr. John C. Wilson, Chairman of the Federal ReserveBank of Atlanta, served with Mr. Lilly as members of the Executive Commit-tee; Mr. Wagstaff also served as Vice Chairman of the Conference.
On November 30, 1973, Mr. Wagstaff was elected Chairman of the Confer-ence and of its Executive Committee to serve for the succeeding year; Mr.Roswell L. Gilpatric, Chairman of the Federal Reserve Bank of New York,was elected Vice Chairman of the Conference and a member of the ExecutiveCommittee; and Mr. William H. Franklin, Chairman of the Federal ReserveBank of Chicago, was elected as the other member of the Executive Com-mittee.
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS
Class A and Class B directors are elected by the member banks of thedistrict. Class C directors are appointed by the Board of Governors of theFederal Reserve System.
The Class A directors are chosen as representatives of member banks and,as a matter of practice, are active officers of member banks. The Class Bdirectors may not, under the law, be officers, directors, or employees of banks.At the time of their election they must be actively engaged in their districtin commerce, agriculture, or some other industrial pursuit.
The Class C directors may not, under the law, be officers, directors, em-ployees, or stockholders of banks. They are appointed by the Board ofGovernors as representatives not of any particular group or interest, but ofthe public interest as a whole.
Federal Reserve Bank branches have either five or seven directors, ofwhom a majority are appointed by the Board of Directors of the parentFederal Reserve Bank, and the others are appointed by the Board of Gov-ernors of the Federal Reserve System.
Termexpires
DIRECTORS District 1—BOSTON Dec. 31
Class A:Ralph A. Mclninch President, Merchants National Bank of Man-
chester, Manchester, N.H 1973Mark C. Wheeler President, New England Merchants National
Bank, Boston, Mass 1974William M. Honey President, The Martha's Vineyard National
Bank, Vineyard Haven, Mass 1975
Class B:G. William Miller President, Textron, Providence, R.I 1973W. Gordon Robertson. . General Trustee, Bangor, Maine 1974Alfred W. Van Sinderen.President, The Southern New England Tele-
phone Co., New Haven, Conn 1975
Class C.-John M. Fox President and Chief Executive Officer, H. P.
Hood & Sons, Charlestown, Mass 1973James S. Duesenberry.. Chairman, Department of Economics, Har-
vard University, Cambridge, Mass 1974Louis W. Cabot Chairman of the Board, Cabot Corporation,
Boston, Mass 1975
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F.R. BANKS AND BRANCHES—Continued
Termexpires
DIRECTORS—Com. District 2—NEW YORK Dec. 31
Class A:David C. Rockefeller.. . . Chairman of the Board, The Chase Manhat-
tan Bank, N.A., New York, N . Y . . . . . . . . . . . . 1973Norman Brassier. . . . . . Chairman of the Board' and Chief Executive
• • Officer, • Mew • Jersey Bank, N.A., • Passaic,N J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Newman E. Wait, J r . . . . President, Adirondack Trust Company, Sara-toga Springs, N . Y . . . . . . . . . . . . . . . . . . . . . . . 1975
Class B:.Maurice F. Granville... .Chairman of the Board, Texaco,. Inc., New.
York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973William S. S n c a t h . . . . . . President, Union Carbide Corporation, New
York, ' N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Jack B. Jackson . . . . . . . .P res iden t , J. C. Penney Company,' Inc., New
Y o r k , - N Y . . . . . . . . . . . . . . . . . . . . . . • . . • . • . . • • . : . 1 9 7 5
Class C.-Alan J. P i f e r . . . . . . . . . . . President, Carnegie Corporation of New York,
New York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . 1973Roswell L. Gilpatr ic . . . .Partner, Cravatfa, Swaine& Moore5 Attorneys,
New York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Frank R. Mil l iken . . . . . . President, Kennecott Copper Corporation,
New'York, N . Y . . . . . . . . . . . . . . . . . . " . . . . . . . 1975
BUFFALO BRANCH
Appointed by Federal Reserwe Bank:WilliamB.'Anderson... .'President, The First National Bank of Jaroes-
• town,- Jamestown, N . Y . . . . . . . . . . . . . . . . . . . " 1973Angelo A. Costanza. . . .President-and Chief Executive Officer, Central
Trust Company, Rochester, N.Y. . •,••. • . , , . . - . . 1973Theodore M. McClure. .President, The Citizens National Bank .and.
Trust Company, Wellsville, N . Y . . . . . . . . . . . . 1974Claude F, Shuchter . . . . . President and Chief Executive Officer, Manu-
facturers and Traders Trust Company,Buffalo, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Rupert W a r r e n . . . . . . . . . President, Trico Products Corporation, Buffalo,
N . Y . . . ' . ; . . . . . . . . . . . . . . . . ' . . . . . . . . . " . . . . ; . 1973Norman F. Beach. . . . . .Vice President and Genera! Manager,"Kodak
Park • Division, Eastman Kodak • Company,..Rochester, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Donald Nesbltt. . . . . . . .Owner -Opera to r , Silver Creek Farms, Albion,.N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
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F.R. BANES AND BRANCHES—Continued
DIRECTORS—Cant. District 3—PHILADELPHIA
TermexpiresDec. 31
Class A:Richard A. Herbs te r . . . . President, Lewistown Trust Company, Lewis-
town, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .John C. Tuten. . . . . . . . . C h a i r m a n , and Chief Executive Officer, National
Centra! Bank and National Central Finan-cial Corp., Lancaster, P a . . . . . . . . . . . . . . . . . .
John H. H a s s l e r . . . . . . . . President, The City National Bank and TrustCompany of Salem, Salem, N. J . . . . . , , . , . . .
Class B;William S. Masland. . . . .President, C. H. Masland and Sons, Carlisle,
P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .C. Graham Berwind, Jr.. President and Chief Executive Officer, Berwind
Corporation, Philadelphia, P a . . . . , . , , . . . . . .Bernard D. Broeker . . . . . Executive Vice President, Bethlehem Steel Cor-
poration, Bethlehem, P a . . . . . . . . . . . . . . . . . . .
Class C:John R. Coleman. . . . .E. W. Robinson, Jr.. .
Edward J. Dwver . . . . .
. President, Haverford College, Haverford, Pa.. .
.President, Provident Home Industrial MutualLife Insurance Co., Philadelphia, P a . . . . . . . .
.Chairman and Chief Executive Officer, ESBIncorporated, Philadelphia, P a . . . . . . . . . . . . .
1973
1974
1975
1973
1974
1975
1973
1974
1975
Class A:Edward W. Barker
D i s t r i c t 4 r - C L E V E L A N D
.Chairman and Chief Executive Officer, FirstNational Bank of Middletown, Mid'dletown,O h i o . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
A. Bruce Bowdcn Retired Vice Chairman of the Board, MellonBank, N. A., Pittsburgh, P a . . . . . . . . . . . . . . . . 1974
David L. Brumback, Jr.. President, Van Wert National Bank, Van Wert,O h i o , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Class B:John L. Gushman. .Chairman of the Board and Chief Executive
Officer, Anchor Hocking Corporation, Lan-caster, O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
President and Chief Executive Officer, Rubber-maid Incorporated, Wooster, O h i o . . . . . . . . 1974
Rene C. McPherson. . . Chairman and Chief Executive Officer, DanaCorporation, Toledo, Ohio. . , . . . . . . . . . . , , 1975
Donald E. Noble.
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F.R. BANKS AND BRANCHES—Continued
Termexpires
—Co/ir. District 4—CLEVELAND—Continued D-ec* 31
Class C:J. Ward K e e n e r . , . . , , . , Retired Chairman of the Executive Committee,
The B. F. Goodrich Company, Akron., Ohio. 1973Horace .A. Shepard. . . . .Chairman, of. the-Board--and Chief Executive-
Officer, TRW Inc., Cleveland, Ohio . . . . . . . 1974Otis A. Singletary. . . . . .President, University of Kentucky, Lexington,
K y . . . . . . . . . . . - . . : . . . • . . . . • ; . . . . . . . . . . • . . . . . 1975"
CINCINNATI BRANCH
Appointed, by Federal Reserve Bank:William S. R o w e . . . . . . . President, The Fifth Third Bank, Cincinnati,
O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . '1973E. Paul W i l l i a m s . . . . . . . President, Second National Bank, Ashland, Ky/ 1974Paul W. Christensen, Jr.. President, The.Cincinnati Gear Company, Cin-
cinnati, O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Robert E. H a l l , . . . . . . . . P r e s i d e n t , The First National Bank and Trust
Company, Troy, O h i o , . . . . . . . . . . . . . . . . . . . . 1975-
Appointed by Board of Governors:Clair F. Vough- . . . . . . . . .Vice President, Office Products Division, IBM
Corporation, Lexington, Ky. . , . . . . , » . . . . . 1973Graham E. M a r x . . . , , . , President and General Manager, The G. A.
Gray Company,Cincinnati, O h i o . . . . . . . . . . 1974Phillip R. Shriver . . . . . . .President , Miami University, Oxford, O h i o , . . 1975
PITTSBURGH BRANCH
Appointed by Federal Reserve Bank:Merle E. G i l l i and . . . . . . . Chairman of the Board and Chief Executive
Officer, Pittsburgh National Bank, Pitts-burgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ; • • . • -1973-
Charles F. W a r d . . . . . . . President, Gallatin National Bank, Uniontown,P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Robinson F."Barker. . . .Chairman of the Board and Chief Executive'Officer, PPG Industries, ; Inc., Pittsburgh,-Pa. • 1975
Jerry A. H a l v e r s o n . . . . . President, The First National Bank and TrustCo. of Wheeling, Wheeling, W. V a . . . . . . ' . . . ' 1975
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F.R. BANKS AND BRANCHES—Continued
Termexpires
DIRECTORS—Cont. District 4—CLEYELAND—Continued Dec. 31
PITTSBURGH BRANCH—-Continued
Appointed by Board of Governors;Robert E. Ki rby . . . . . . . .P res iden t , Industry and Defense Company,
Westinghouse Electric Corporation, Pitts-burgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Richard M. Cyert. . . . . .President, Carnegie-Mellon University, Pitts-burgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Douglas Grymes, . . . . . .P res iden t , Koppers Company, Inc., Pittsburgh,Pa. . 1975
District 5—RICHMOND
Class A;Thomas P. McLaeMen. .President, MeLachlen National Bank, Wash-
ington, D . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Edward N, E v a n s . . . . . . President, Farmers & Merchants National
Bank of Cambridge, Cambridge, M d . . . . . . . 1974John H. L u m p k i n . . . . . . Chairman and Chief Executive Officer, The
South Carolina National Bank, Columbia,S.C.. . 1975
Class B;
H. Dail Holderness President, Carolina Telephone and TelegraphCompany, Tarboro, N . C . . . . . . . . . . . . . . 1973
Henry C. Hofheimer, I I . . Chairman, Virginia Real Estate InvestmentTrust, Norfolk, V a . . . . . . . . . . . . . . . . . . . . . . . 1974
Osby L. W e i r . . . . . . . . . . General Manager, Metropolitan Washington-Baltimore Area, Sears, Roebuck and Co.,Bethesda, M d . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Class C.-Stuart S h u m a t e . . . . . . . . President, Richmond, Fredericksbtirg and
Potomac Railroad Company, Richmond,V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
E. Craig Wall, S r . . . . . . . C h a i r m a n of the Board, Canal Industries, Inc.,Conway, S.C. 1974
Robert W. Lawson, J r . . , Senior Partner, Charleston Office, Steptoe &Johnson, Attorneys, Charleston, W. V a . . . . . 1975
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F.E. BANKS AND BRANCHES-~Co»J»jfife</
Termexpires
District 5—RICHMOND—Continued Dec, 31
BALTIMORE BRANCH
Appointed by Federal Reserwe Bank:J, Stevenson Peck, . . . . .Chairman, of the.Board, Union. Trust Company
of Maryland, Baltimore, M d . . . . . . . . . . . . . . 1973James J. Robinson . . . . . .ExecutiYe Vice President, Bank of Ripley,
R i p l e y , - W . V a . . . . . ; . . . . . . . . . . . . . - . . : . . . • . . • • 1 9 7 3
J. Pierre B e r n a r d , . . , . . , Chairman of the Board, The Annapolis Bank- .Ing and Trust Company, Annapolis, M d . . . . 1974
J. R. Chaffinch, J r . . . . . .President,The Detiton National Bank, Denton,M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:John H. -Petting, J r . . . . . . President, A, H. Fetting Company, Baltimore,
Md. 1973-James G, H a r l o w , . . . . .President, West Virginia University, Morgan-
town, W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974David W. -Barton, J r . . . . President, Barton-Gillet Company, Baltimore, • •
M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
CHARLOTTE BRANCH
Appointed by Federal Reserwe Bank:H. Phelps Brooks, J r . . . . President, The Peoples National Bank, Chester,
S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973C.' C. C a m e r o n . . . . . . . . . Chairman of the Board and President, First
Union National Bank of North Carolina,Charlotte, N . C , . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
L. D, Coltrane, I I I . . . . . President, The Concord National Bank, Con-cord, N . C , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' . 1974
William W. B r u n e r . . . . . Chairman and President, First National Bankof South Carolina, Columbia, S . C . . . . . . . . . . 1975
Appointed by Board of Governors:Charles W. DeBell...... General Manager, North Carolina Works,
Western Electric Company, Inc., Winston-S a l e m , N . C . . . . . . . . . . . . . . . . . . . . . . . . : . . . . 1973
Charles F..Benbow. . . . .Senior Vice President, R. J. Reynolds Indus-tries, Inc., Winston-Salem? N . C . . . . . . . . . . . . . 1974
Robert C. E d w a r d s . . . . . President, Clemson UniYersity, Clemson, S.C... 1975
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F.R. BANKS AND BRANCHES—Continued
Termexpires
DIRECTORS—Com. District i—ATLANTA Bee. 31
Class A;A, L. E l l i s . . . . . . . . . . . . . C h a i r m a n of the Board, First National Bank,
Tarpon Springs, F l a . . . . . . . . . . . . . . . . . . . . . . 1973Jack P. Keith. . . . . . . . . . P r e s i d e n t , First National Bank of West Point,
West Point, G a . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Sam I. Y a r n e l l . . . . . . . . . Chairman, American National Bank and Trust
Co., Chattanooga, T e n n . . . . . . . . . . . . . . . . . . 1975Class B:
Hoskles A. Shadow. . . . .President, Tennessee Valley Nursery, Inc., Win-chester, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Owen C o o p e r . . . . . . . . . . President, Mississippi Chemical Corporationand Coastal Chemical Corporation, YazooCity, M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
George W. Jenkins. . . . .Chairman, Publix Super Markets, Inc., Lake-land, F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Class C;John C. Wilson. . . . . . . . P r e s i d e n t , Home-Wilson, Inc., Atlanta, G a . . . . 1973H. G. Pa t t i l l o . . . . . . . . . . P re s iden t , Pattillo Construction Company, Inc.,
Decatur, G a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974F. Evans F a r w e l l . . . . . . .President, Milliken and Farwell, Inc., New Or-
leans, L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
BIRMINGHAM BRANCH
Appointed by Federal Reserve Bank:Wallace D. Malone, Jr.. . President and Chairman of the Board, The First
National Bank of Dothan, Dothan, A i a . . . . . 1973C. Logan T a y l o r . . . . . . Chairman of the Board, The First State Bank of
Oxford, Oxford, A i a . . . . . . . . . . . . . . . . . . . . . 1973W. Eugene Morgan . . . . .President aEd Chief Executive Officer, The
First National Bank of Huntsville, Hunts-ville, A i a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
John T. Oliver. . . . . . . . . P r e s i d e n t , First National Bank, Jasper, Aia. . . 1975
Appointed by Board of Governors:David M a t h e w s . . . . . . . . President, University of Alabama, University,
A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973William C. Bauer . . . . . . .Pres ident , South Central Bell, Birmingham,
A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974( V a c a n c y ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
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JACXSOHYILLE BRANCH
Appointed by Federal Reserve'Bank;Malcolm C. B r o w n . . . . . President and Chairman of the Board, Florida •
•First National Bank at Brent, Pensaeola, Fla. 1973A. Clewis-Howell . . . . . . .President, 'Marine 'Bank & Trust Company,
Tampa, Fla,, . . . . . . . . . . . . . . . . . . , . . , . . • • -1973Guy W. B o t t s . . . . . . . . . . V i c e - Chairman of the Board, Barnett -Bank of "
• Jacksonville, N.A., Jacksonville, 'Fla, . ' . . . . . 1974Michael JV F r a n c o . . . . . .Chairman of the Board, City National Bank of
. .Miami, Miami, F l a . . . . . . . . . . . . . . . . . . . . . . . • 1975
Appointed 'by Board of Governors:Henry C r a g g . . . . . . . . . . . . V i c e President, .The Coca-Cola Company Foods •
• Division, Winter Park, F l a . . . . . . . . . . . . . . . . 1973Gert H. W. Schmidt. . . ; President, TeLeVision 12 of Jacksonville, Jack-.
sonville, F i a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974James E...Lyons... . . . . . . .President, Lyons Industrial Corporation, Win-
ter- Haven, F l a . . . . . . . . . . . . . . . . . . . . . . . 1975
NASHYILLE BRANCH
Appointed by Federal Reserve Bank:Dan B. .Andrews. . . . . . .Pres ident , First National Bank, Dickson, Tenn.- 1973Edward G. N e l s o n . . . . . . President, Commerce Union Bank," Nashville,
Term... . . . . . . . . . . . . . . . . . . . . . . . . . . . ' . . . . . . , . ' . 1973W. Bryan Wooda rd . . . . . President, Kingsport National Bank, • Kings-
port, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Robert E. Curry . . . . President, First National Bank of Pulaski,
Pulaski, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:James W. L o n g . . . . . . . . President, Robertson County Farm Bureau,
Springield, T e n n . . . . . . . . . . . . . . . . . . . . . . . . 1973Edward J. B o l i n g . . . . . . .President, The University of Tennessee, Knox-.
ville, T e n n , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974John C Tune . . . . . .....Partner, Butier5 McHugh5 Butler, Tune &
W a t t s , A t t o r n e y s , N a s h v i l l e , T e n n . . . . . . . . . . 1975
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NEW ORLEANS BRANCH
Appointed by Federal Reserve Bank:Tom A. Flanagan, Jr . . . .President, Lakeside National Baok of Lake
Charles, Lake Charles, La. 1973Lawrence A, Merrigan. .President, The Bank of New Orleans and Trust
Company, New Orleans, L a , . . . . . . . . . . . . . . 1973Archie R. McDonnell.. .President, Citizens National Bank, Meridian,
M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Ernest F. Ladd, J r . . . . . . Chairman, The • Merchants National Bank,
Mobile, A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Broadus N. Bu t l e r . . . . . .President, Dillard University, New Orleans, La. 1973Fred Adams, J r . . . . . . . . .P res iden t , Cal-Maine Foods, Inc., Jackson,
M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Edwin J. Caplae. . . . . . .President, Caplan's Men's Shops, Inc., Alex-
andria, L a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
D i s t r i c t 7 — C H I C A G O
Class A:Melvin C. L o c k a r d . . . . .President, First National Bank, Mattoon, 111... 1973Floyd F. Whi tmore . . . . .President, The Okey-Vernon National Bank,
Coming, I o w a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Edward Byron Smi th . . . . Chairman of the Board, The Northern Trust
Company, Chicago, 111. 1975
Class B:Howard M. Packard. . . .Vice Chairman, S. C. Johnson & Son, Inc.,
Racine, Wis. 1973John T. H a c k e t t . . . . . . . . Executive Vice President, Cummins Engine
Company, Inc., Columbus, I n d . . . . . . . . . . . . 1974Oscar G. Mayer Chairman of Executive Committee, Oscar
Mayer & Company, Madison, W i s . . . . . . . . . 1975
Class C.-John W. Baird . . . . .President, Baird& Warner, Inc., Chicago, 111... 1973William H. F rank l in . . . . Chairman of the Board, Caterpillar Tractor
Co., Peoria, 1 1 1 . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Peter B. Clark. . . . . . . . .Chairman of the Board, President and Pub-
lisher, The Evening News Association,Detroit, M i c h . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
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DETROIT BRANCH
Appointed by Federal Reserve Bank:Ellis B. M e r r y , . . . . . . . . , Director f National Bank of Detroit, Detroi t
• M i c k . -...••. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 3
Harold A. E l g a s . . . . . . . . President, .Gaylord State Bank, Gaylord, Mich.. 1974Joseph B. Foster, . . . . . . P r e s iden t and Chief Executive Officer, Ann
Arbor'Bank, Ann Arbor, M i c h . . . . . . . . . . . . 1975Roland A. Mewhort. . . .Chairman, Manufacturers National Bank of •
Detroit, Detroit, M i c h . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:L. Wm, Seidman. . . . . . .Res iden t Partner, Seidman & Seidman, Grand
• Rapids, Mich. . . . . . . . . . . . . . . . . . . . . ; . . / , . ' 1973Tom K i i l e f e r . . . . . . . . . . . Yice President-Finance, and General Counsel,
Chrysler Corporation, Detroit, M i c h . . . . . . . 1974W. M. Defoe. . . . . . . . . . C h a i r m a n of the Board, Defoe Shipbuilding
. Company, Bay City, Mich, . . . . . . . . . . . . . . . . . 1975
Class A:Bradford. Brett.
Edwin S. J o n e s . . . . . . .
Wm. E. Weigel.......
Class B:Fred I. Brown, Jr . . . . .
James M. Tuholski. ..
Edward J. Schnuck,..
District 8—ST. LOUIS
, President, The First National Bank of Mexico,Mexico, M o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
.Chairman of the Board, First National Bank inSt. Louis, St. Louis, M o . . . . . . . . . . . . . . . . . . 1974
..Executive Vice President, 1st National Bankand Trust Company, Centralia, 1 1 1 . . . . . . . . . 1975
., President, Arkansas Foundry Company, LittleRock, A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
.. President, Mead Johnson & Company, Evans-ville, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ' 1974
, .Chairman of the Board, Schnuck Markets,Inc., Bridgeton, M o . . . . . . . . . . . . . . . . . . . . . . 1975
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Class C.-Harry M. Young, J r . . . . .Melrose Farm, Herndon, K y . . . . . . . . . . . . . . . . . 1973Frederic M. Pe l rce . . . . . .Chairman of the Board and Chief Executive
Officer, General American Life InsuranceCompany, St. Louis, M o . . . . . . . . . . . . . . . . . 1974
Sam C o o p e r . . . . . . . . . . . President, HumKo Products, Division ofKrafteo Corporation, Memphis, Term. . . . . 1975
LITTLE ROCK BRANCH
Appointed by Federal Reserve Bank:Edward M. Penick . . . . . .President and Chief Eiecutive Officer, Wortfaee
Bank & Trust Company, N.A., Little Rock,A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
( V a c a n c y ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Thomas G. V I n s o n . . . . .President, First National Bank, Batesviiie, Ark. 1975Field W a s s o n . . . . . . . . . . President, The First National Bank, Slioam
Springs, A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Gowernors:Roland R. Remmel . . . . .Chairman of the Board, Southland Building
Products Co., Little Rock, A r k . . . . . . . . . . . . 1973Al P o l l a r d . . . . . . . . . . . . . P r e s i d e n t , Ai Pollard & Associates, Little Rock,
A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974W. M. Pierce. . . . . . . . . . P r e s i d e n t , Arkansas Business Development
Corporation, Little Rock, Ark . . . . . . . . 1975
LOUISVILLE BRANCH
Appointed by Federal Reserve Bank:Harold E. J a c k s o n . . . . . . President, The Scott County State Bank, Scotts-
burg, Ind. 1973Hugh M. Shwab. . . . . . .Chairman of the Boards, First National Bank
of Louisville and The Kentucky Trust Com-pany, Louisville, K y . . . . . . . . . . . . . . . . . . . . . . 1974
Herbert J. Smith. . . . . . .P res iden t , The American National Bank &Trust Company, Bowling Green, K y , . . . . . . 1975
Tom G. V o s s . . . . . . . . . . President, The Seymour National Bank, Sey-mour, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
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LOUISYILLE BRANCH— Continued
Appointed, by .Board of Governors:William H. S t roube . . . . .Associate'Dean, 'College of Science and. Tech-
nology, Western Kentucky University, Bowl-ing Green, K y . . . . " . , , , ; , " " . . . . . . . . . . . . . . . . . . ' 1973
James C . Hendershot. . . President and Chief-Operating Officer, -RelianceUniversal Inc.,"Louisville, Ky. . , . ' . . " . . ' . , . ' . ' . 1974
James H. D a v i s . . . . . . . . C h a i r m a n and. Chief Executive Officer, Porter •Paint-Company, Louisville, K y , . . . . . . . . . . . 1975
MEMPHIS' BRANCH
Appointed by Federal Reserve Bank:J. J. White . . . . . . . . . . . . .President , .Helena. .Nat ional Bank, Helena, Ark. 1973Garner L^Hickman. . . . .-Chairman"and President, The First National
"Bank of Oxford, Oxford, Miss. . . . . . . . . . . . . . . . . . .. 1974Ridley A l e x a n d e r . . . . . . . Chairman, The Second National Bank of Jack- • •
son,' Jackson,, Tenn. 1975C. Bennett Harrison, . . .Chairman.of the Board, Union Planters Na- -
tionai Bank of Memphis, Memphis, Tenn.... 1975'
Appointed "by Board of Governors:.Alvin-Huffman j Jr. . ..-. .President, Huffman Brothers Incorporated,
• • B l y t h e y i l l e , ; A r k . . . . . . . . . . . . . . . . " . . . , . . . . . , . . 1 9 7 3C. Whitney B r o w n . . . . . . President, S. C. Toof & Company, Memphis,
T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ; . . ' 1974Jeanne L. Ho l l ey . . . . . . . .Ass i s t an t Professor of Business Education-and
Office-Administration, University of Missis-. .sippi, University, M i s s . . . . . . . . . . . . . . . . . . . . 1975
D i s t r i c t 9 — M I N N E A P O L I SClass A:
Philip H. N a s o n . . . . . . . . C h a i r m a n of the Board, The First .National •Bank of Saint Paul, St, Paul, M i n n . . . . . . . . . • 1973
Roy H. Johnson. . . . . . . .Pres ident , The First National Bank of .Negau-nee, Negaunee, M i c h , . . . . . . . . . . . . . .-.-.•.... 1974
David M. S m i t h . . . . . . . . President, 1st National Bank, River Falls, Wis.. 1975
Class B:Dale-V/Andersen. . . . . .President, Mitchell Packing Company, Inc.,..
Mitchell, S. D a k , . . . . . . . . . . . . . . . . . . . . . . . . • 1973John H. Ba i ley . . . . . . . . .P res iden t , The Cretex Companies, Inc., Elk
River, M i e n , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974David M, Heskett. . . . . .President, Montana-Dakota Utilities Co.;Bis-
marck, N. Dak.. . . . . ' . - . 1975
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Class C:Russ B. Har t . . . . . . . . . . P i e s i d e n t , Hart-Alble Company, Billings,
M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Bruce B. Dayton. . . . . . . C h a i r m a n of the Board, Dayton Hudson Cor-
poration, Minneapolis, M i n n . . . . . . . . . . . . . . 1974David M. L i l l y . . . . . . . . . C h a i r m a n of the Board, The Toro Company,
Minneapolis, M i n e . . . . . . . . . . . . . . . . . . . . . . . 1975
HELENA BRANCH
Appointed by Federal Reserve Bank:Richard D. R u b i e . . . . . . President, Missoula Bank of Montana, Mis-
soula, M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Robert I. Penner. . . . . . .P res iden t , Citizens First National Bank, Wolf
Point, M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974John Re iche l . . . . . . . . . . . P re s iden t , 1st National Bank in Bozeman,
Bozeman, M o n t . . . . ' . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:William A. Cordiegley, .Publisher, Great Falls Tribune, Great Falls,
M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Warren B. Jones. . . . . . .Sscretary-Treasurer, Two Dot Land and Live-
stock Company, Harlowton, M o n t . . . . . . . . . 1974
D i s t r i c t 10—KANSAS C I T Y
Class A:C. Mose M i l l e r . . . . . . . . . Chairman of the Board and President, The
Farmers and Merchants State Bank, Colby,K a n s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
John A. G'Leary. . . . . . .Chairman of the Board, The Peoples StateBank, Luray, E.ans. . . . . . . . . . . . . . . . . . . . . . 1974
Roger D. Knight, J r . . . . .Chairman of the Board, United Banks ofColorado, Inc., Denver, C o l o . . . . . . . . . . . . . . 1975
Class B:Alfred E. Jordan. . . . . . . V i c e President, Trans World Airlines, Inc.,
Kansas City, M o . . . . . . . . . . . . . . . . . . . . . . . . 1973Frank C. L o v e . . . . . . . . . P r e s i d e n t , Kerr-McGee Corporation, Okla-
homa City, O k l a . . . ' . . . . . . . . . . . . . . . . . . . . . . 1974Cecil O. Emr ich . . . . . . . .P res iden t , C. O. Emrlch Enterprises, Norfolk,
N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
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Class C.-Robert T. P e r s o n . . . . . . . President and Chairman of the Board, Public
Service Company of Colorado, Dewer,C o l o . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . . - . . - • : . . 1973
Robert W. Wagstaff, . . .Chairman of the Board and President,' Coca-Cola' Bottling 'Company of Mid-America,Kansas City,'Mo. . . ' , . . . . . . , . . , . . . , . . ' . . . . 1974
Harold W. Andersen.. . .President, World Publishing Company, OmahaWorld Herald, Omaha, M e t o r . . . . . . . . . . . . . . . 1975
DEN¥EE BEAMCH
Appointed by Federal Reserve Bank:John W, Hay, J r . . . . . . . .P res iden t , Rock Springs National Bank, Rock
S p r i n g s , W y o . . . . . . . . . . . . . . . . . . . . . , . - . • . - . - ; . • • 1 9 7 3Dale R. Hinman, . . . . . . C h a i r m a n of the Board, The Greeley National
• Bank, Greeley, C o l o , . . . . . . . . . . . . . . . . . . . / . 1974Robert L. T r i p p . . . . . . . . Chairman of the Board and Chief Executi¥e
'Officer, Albuquerque National Bank, Albu-querque, N. M e x . . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Maurice B. Mitchell. . . .Chancellor, University of Dower, Indian Hills,
C o l o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Edward R. L u c e r o . . . . . .Executive Director, Colorado Economic De-
velopment Association, Lakewood, Colo . . . 1974
OKLAHOMA CITY BRANCH
Appointed by Federal Reserve Bank:W. H. M c D o n a l d . . . . . . Chairman of the Executive Committee, The
First National Bank and Trust Company ofOklahoma City, Oklahoma City, Okia.«. . . . . 1973
Hugh C. J o n e s . . . . . . . . . Executive Vice President, The Bank of Wood-ward, Woodward, O k l a . . . . . . . . . . . . . . . . . . . 1974
Marvin Millard. . . . . . . . C h a i r m a n of the Board, National Bank ofTulsa, Tulsa? O k l a . . . . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Joseph H. Wi l l i ams . . . . . President and Chief Operating Officer, The
Williams Companies, Tulsa, O k l a . . . . . . . . . 1973Harley C u s t e r . . . . . . . . . . General Manager, Oklahoma Livestock- Mar-
keting Association, Oklahoma City, Okla. . . 1974
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OMAHA BRANCH
Appointed by Federal Reserve Bank:S. N. Wolbacfa. . . . . . . . . President, The First National Bank of Grand
Island, Grand Island, N e b r . . . . . . . . . . . . . . . . 1973Glenn Y a u s s I . . . . . . . . . . Chairman of the Board, National Bank of
Commerce Trust & Savings, Lincoln, Nebr.. 1973Edward W. L y m a n . . . . .Chairman, The United States National Bank of
Omaha, Omaha, N e b r . . . . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:A. James Ebel. . . . . . . . . V i c e President and General Manager, Cora-
husker Television Corporation, Lincoln,N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Edward F. O w e n . . . . . . . President, Paxton & Vlerllng Steel Company,Omaha, N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
D i s t r i c t 11—DALLAS
Class A:J. V. Kelly. . . . . . . . . . . .Chairman of the Board, The Peoples National
Bank of Belton, Belton, T e x . . . . . . . . . . . . . . . 1973A. W. Riter, J r . . . . . . . President, The Peebles National Bank of Tyler,
Tyler, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Robert H. Stewart, III . .Chairman of the Board, First International
Bancshares, Inc., Dallas, T e x . . . . . . . . . . . . . . 1975
Class B:Carl D. N e w t o n . . . . . . . . C h a i r m a n of the Board, Fox-Stanley Photo
Products, Inc., San Antonio, T e x . . . . . . . . . . 1973Hugh F. S t e e n . . . . . . . . . President, El Paso Natural Gas Company,
Ei Paso, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Thomas W. Herrick. . . .President, Mesa Agro Inc., Aniarillo, T e x . . . . . 1975
Class C.-John L a w r e n c e . . . . . . . . .Chairman of the Board, Dresser Industries,
Inc., Dallas, Tex. . . . . . . . . . . . . . . . . . . . . . . . 1973Cfaas. F. J o n e s . . . . . . . . . Dean, College of Business Administration,
University of Houston, Houston, T e x . . . . . . . 1974Charles T. Bea l rd . . . . . . .Chairman of the Board, Beaird-Poulan Divi-
sion, Emerson Electric Co., Shreveport, La. 1975
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DIRECTORS—Cont.. • District 11—DALLAS—Continued Dec. 31
EL PASO BRANCH
Appointed by Federal Reserve Bank:Cullen J. K e l l y . , . . , . , . . President and Vice Chairman of the Board,
The First National-Bank of Midland, Mid-land, Tex, . . . . • . . . • • . : . • . : : . . . . . . . . . . . . . . . . . 1973
Wayne S t e w a r t . , , . . , . , . President, First National Bank in Alamogordo,Alamogordo., N. M e x . . . . . . . . . . . . , . , . , , , . . . . 1974
Reed H. Chittim. . . . . . . P r e s iden t and- Chief Executive Officer, FirstNational Bank of Lea'County, Hobbs,"N.M e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Sam D. Young, J r . . . . . . President,. El Paso National Bank, El Paso,Tex.. . . . . - . . : . . . . . . . • . . . . . . . . . . . . . . . . . . . . 1975
Appointed by 'Board of Governors:Herbert M. Schwartz. . . .President, Popular Dry Goods Co., Inc.,
El Paso, T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Gage H o l l a n d . . . . . . . . . . Owner, Gage' Holland Ranch, Alpine, T e x . . . . . 1974Allan B, Bowman. . . . . .P res iden t , Amax Arizonas Inc., Tucson, Ariz,, , • 1975
HOUSTON BRANCH
Appointed by Federal Reserve Bank:Kline M c G e e , , . . . . . , . . Director, Southern National Bank of Houston,
. . . . Houston, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Seth W. D o r b a n d t . . . . . . Chairman of the Board and President, First
National Bank in Conrae? Conroe, Tex. . . . . . . 1974Bookman Peters President, The City National Bank of Bryan, •
Bryan, T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Nat S. R o g e r s . . . . . . . . . . President, First City National Bank of Hous-
ton, Houston, Tex. . . . . . . . . . . . . . . . . . . * . , . . • 1975
Appointed by Board of Governors:M. Steele Wright, Jr.. » . ; Chairman of the Board, Texas Farm Products
Company, Nacogdoches, T e x , . . . . . . . . . . . . . 1973Carl B.-Sherman. . . . . . .P res iden t , Houston Lighting & Power Com-
pany, Houston, T e x . . . . . . . . . . . . . . . . . . . . . . 1974Alvin I. T h o m a s . . . . . . . . President, Prairie View A&M University,
Prairie View, T e x , . . . . . . . . . . . . . . . . . . . . . . . 1975
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F.R. BANKS AND BRANCHES—Continued
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SAM ANTONIO BRANCH
Appointed by Federal Reserve Bank:Ray M. Keck, J r . . . . . . . . C h a i r m a n of the Board and President, Union
National Bank of Laredo, Laredo, T e x . . . . . 1973Leon S t o n e . . . . . . . . . . . . P r e s i d e n t , The Austin National Bank, Austin,
T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Richard W. Calvert President, National Bank of Commerce of San
Antonio, San Antonio, T e x . . . . . . . . . . . . . . . 1975W. O. Rober son . . . . . . . .Cha i rman of the Board, First National Bank at
Brownsville, Brownsville, T e x . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Irving A. Mathews. . , . .Chairman of the Board and Chief Executive
Officer, Frost Bros., San Antonio, T e x . . . . . 1973Marshall Boykin, I I I . . . .Partner, Wood, Boykin & Wolter, Lawyers,
Corpus Christ!, T e x . . . . . . . . . . . . . . . . . . . . . . 1974Pete J. Morales, J r . . . . . . President and General Manager, Morales
Feedlots, Inc., Devine, T e x , . . . . . . . . . . . . . . . 1975
D i s t r i c t 12—SAN F R A N C I S C O
Class A:A. W. C l a u s e n . . . . . . . . . President and Chief Executive Officer, Bank of
America NT & SA» San Francisco, Calif... 1973Carl E. Schroeder. . . . . .President, The First National Bank of Orange
County, Orange, C a l i f , . . . . . . . . . . . . . . . . . . . 1974James E. P h i l l i p s . . . . . . . President, First National Bank in Port Angeles,
Port Angeles, W a s h . . . . . . . . . . . . . . . . . . . . . . 1975
Class B:M a r r o n K e n d r i c k . . . . . . President and C h a i r m a n of the Boa rd , Schlage
L o c k C o m p a n y , San Franc i sco , C a l i f . . . . . . . 1973Char les R . D a h l . . . . . . . . President and Chief Executive Officer, C r o w n
Zellerbach, San Franc isco , C a l i f , . . . . . . . . . . 1974Joseph R o s e n b l a t t . . . . . . H o n o r a r y C h a i r m a n of t he Board , T h e E i m c o
Corpo ra t i on , Salt L a k e City, U t a h . . . . . . . . . 197.5
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F.E. BANKS AND BRASCHBS—Continued
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DIRECTORS—Cowl. District 12—SAN FRANCISCO—Continued Dec. 31
Class C:O. Meredith W i l s o n . . . . President and Director, Center for Advanced
Study in the Behavioral Sciences, Stanford,Calif.. . . . . . . . . . ' . . . 7 . . . " . ' . . . . . . . . . . . . . . . . . 1973
Mas O j i . . . . . . . . . . . . . . . P r e s i d e n t , Oji Bros. Farm, Inc., Yuba City,C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Joseph F. Al ibrandi . . . . . President, Whittaker Corporation, Los An-geles, C a l i f . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
LOS ANGELES BRANCH
Appointed by Federal Reserve Bank:Carl E. .Hartnack. . . . . . .President , Security • Paciic National Bank,
Los Angeles, C a l i f . . / , . , . . . . . . . . , . . . . . . . . 1973Linus E. Southwick. . . . . President, Valley National Bank, Glendale,
C a l i f . . . . . . . . . , . . . . . - . / . . . . . . . . . . . . . . . . . . 1973Rayburn S, Dezember.. . Chairman of the Board and President, Ameri-
can National Bank,'Bakersfield, Cal i f . . . . . . . 1974W. Gordon Ferguson. . . President, National Bank of Whittier, Whittier,
C a l i f . . . . . . . . . . . . ; . . - . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Edward A. S l o a n . . . . . . . President, Sloan's Dry Cleaners, Los Angeles,
. . C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973Joseph R. Vaugfaan.. . . . President, Knudsen Corporation, Los Angeles,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Leland D. P r a t t . . . . . . . . P r e s i d e n t , Kelco Company, San Diego, Calif,.. 1975
POETLAND BRAMCH
Appointed by Federal Reserve Bank:LeRoy.B. Staver. . . . . . . C h a i r m a n , of the Board and Chief Executive
Officer, United States National Bank of Ore-gon, Portland, O r e g . . . . . . . . . . . . . . . . . . . . . . . 1973
Frank L, Servoss . . . . . . .Pres ident , Crater National Bank of Medford,Medford, O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
James H. S t a n a r d . . . . . . Vice President, First National Bank ofMcMinnville, McMInnYille, O r e g , . . . . . . . . . 1974
Appointed by Board of Governors:F r a n k A n d e r s o n . . . . . . . . F a r m e r , H e p p n e r , O r e g . . . . . . . . . . . . . . . . . . . . . 1973J o h n R . H o w a r d . . . . . . . P r e s i d e n t , Lewis a n d C l a r k Col lege , P o r t l a n d ,
O r e g , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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F.E. BANKS AND BRANCHES—Continued
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DIRECTORS—Co/i/. District 12—SAN FRANCISCO—Continued Dec, 3!
SALT LAKE CITY BRANCH
Appointed by Federal Reserve Bank:Joseph B i a n c o . . . . . . . . . C h a i r m a n of t he B o a r d a n d Pres iden t , B a n k of
I d a h o , Boise , I d a h o . . . . . . . . . . . . . . . . . . . . . . 1973R o d e r i c k H . B r o w n i n g .Pres iden t , B a n k of U t a h , O g d e o , U t a h . . . . . . . 1974R o y W . S i m m o n s . . . . . . Pres ident , Zions F i r s t N a t i o n a l B a n k , Salt L a k e
C i t y , U t a h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 4
Appointed by Board of Governors:Theodore C. Jacobsen.. .Chairman of the Board, Jacobsee Construction
Company, Inc., Salt Lake City, U t a h . . . . . . 1973Sam H. Bennion. . . . . . .Secretary-Treasurer, ¥-1 Oil Company, Inc.
and Weatfaertite Block Co., Idaho Falls,I d a h o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
SEATTLE BRANCH
Appointed by Federal Reserve Bank:Joseph C. Baillargeon.. .Chairman of the Board and Chief Executive
Officer, Seattle Trust & Sa¥ings Bank, Seattle,W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1973
Harry S. Goodfeiiow... .President, Old National Bank of Washington,Spokane, W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Robert C. Whitwam, . . .President, American National l a n k of Ed-monds, Edmonds, W a s h , . . . . . . . . . . . . . . . . . 1974
Appointed by Board of Governors:Thomas T. H i r a i . . . . . . . President, Quality Growers Company, Inc.,
WoGdievi l te , W a s h . . . . . . . . . . . . . . . . . . . . . . . 1973C. H e n r y B a c o n , J r . . . . . Vice C h a i r m a n , S i m p s o n T i m b e r C o m p a n y ,
Seat t le , W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
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F.R. BANKS AND BRANCHES—COJI/IJ*«^
PRESIDENTS AND VICE PRESIDENTS(December 31, 1973)
FederalReserve
Bankor branch
Boston
New York. . .
Buffalo
Philadelphia.
Cleveland. .
Cincinnati
Pittsburgh
Richmond. .
PresidentFirst Vice President
Frank E. MorrisJames A. Mclntosh
Alfred HayesRichard A. Debs
David P. EastburnMark H. Willes
Willis J. WinnW. H. MacDonald
Robert P. Black(Temporarily vacant)
Vice Presidents
D. Harry AngneyLee J. AubreyF. K. CummingsL. M. Hoyle, Jr.Niels O. LarsenRichard E. RandallJ. M. Thayer, Jr.Richard A. Walker
David E. BodnerCharles A. CoombsKarl L. EgeGeorge GarvyAlan R. HolmesLeonard LapidusFred W. Piderit, Jr.A. Marshall PuckettF. L. SmedleyT. M. Timlen, Jr.H. David Willey
Daniel AquilinoNorman T. ByrnesR. W. EisenmengerThomas F. Hunt, Jr.Donald A. PelletierLaurence H. StoneJames T. Timberlake
W. H. Braun, Jr.Richard G. DavisPeter FousekEdward G. GuyJohn T. KeanePaul MeekEverett B. PostThomas C. SloanePeter D. SternlightThomas O. Waage
Angus A. Maclnnes, Jr.
Hugh BarrieJoseph M. CaseD. Russell ConnorRichard W. EppsH. H. HollowayJoseph R. JoyceG. William MetzWilliam E. RomanRobert R. Swander
John E. BirkyPaul BreidenbachW. H. HendricksHarry W. HuningT. E. Ormiston, Jr.R. E. Showalter
Charles A.
Edward G. BoehneHugh ChairnoffThomas K. DeschW. Lee HoskinsWilliam A. JamesA. A. KudelichL. C. Murdoch, Jr.Kenneth M. Snader
George E. Booth, Jr.R. Joseph GinnaneWilliam J. HocterR. Thomas KingLester M. SelbyDonald G. VincelCerino
Fred O. KielSamuel G.Robert D.
L. W. Bostian, Jr.John G. DeitrickH. Ernest FordA. V. Myers, Jr.James ParthemosJohn F. RandAubrey N. Snellings
CampbellDuggan
W.T.CunninghamJr.Welford S. FarmerWilliam C. GloverJohn L. NoskerC. D. Porter, Jr.R. E. Sanders, Jr.Andrew L. Tilton
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserve
Bankor branch
Richmond—Cont.
Baltimore
Charlotte
Culpeper 1
Atlanta
Birming-ham
Jackson-ville
Miami *NashvilleNew
OrleansChicago
Detroit
St. Louis
LittleRock
LouisvilleMemphis
PresidentFirst Vice President
Monroe KimbrelKyle K. Fossum
Robert P. MayoErnest T. Baughman
Darryl R. FrancisEugene A. Leonard
Vice Presidents
H. Lee Boatwright, IIIGerald L. WilsonBoyd Z. EubanksJ. R. MonhollonStuart P. FishburneJ. Gordon Dickerson, Jr.Albert D. Tinkelenberg
Harry Brandt Charles D. EastRobert P. Forrestal Billy H. HargettRobert E. Heck Arthur H. KantnerJ. E. McCorvey Brown R. RawlingsRichard A. Sanders Charles T. TaylorPierre M. Viguerie
Hiram J. Honea
Edward C. RaineyW. M. DavisJeffrey J. Wells
George C. Guynn
Carl E. Bie-bauer George W. CloosLeRoy A. Davis R. W. DybeckEdward A. Heath Ward J. LarsonR. A. Moffatt J. R. MorrisonLouis J. Purol R. M. Scheide-Karl A. Scheld Harry S. SchultzRoby L. Sloan Bruce L. SmythJack P. Thompson Allen G. Wolkey
William C. ConradRonald L. Zile
Leonall C. Andersen Ruth A. BryantJoseph P. Garbarini W. W. GilmoreJerry L. Jordan John W. MengesD. W. Moriarty, Jr. F. G. Russell, Jr.Charles E. Silva Harold E. Uthoff
John F. BreenDonald L. HenryL. Terry Britt
1 Not considered a branch
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserve
Bankor branch
Minneapolis .
Helena
Kansas City..
DenverOklahoma
CityOmaha
Dallas
El PasoHouston
SanAntonio
SanFrancisco..
LosAngeles
PortlandSalt Lake
CitySeattle
PresidentFirst Vice President
Bruce K. MacLauryM. H. Strothman, Jr.
George H. ClayJohn T. Boysen
Philip E. ColdwellT. W. Plant
John J. BallesJohn B. Williams
Vice Presidents
Frederick J. CramerL. W. FerneliusThomas E. GainorDouglas R. HellwegD. R. McDonaldJohn P. OlinR. W. Worcester
Howard I
W. T. BillingtonThomas E. DavisJoseph R. EuansJ. David HamiltonG. H. Miller, Jr.Sheldon W. Stahl
George C.
William GRobert D.
Robert H. BoykinLeon W. CowanLarry D. HigginsW. M. PritchettT. R. Sullivan
FredericJames L.Rasco R.
Ralph J. DreitzlerLester G. GableRoland D. GrahamJohn A. MacDonaldClarence W. NelsonC. A. Van Nice
.̂ Knous
H. R. CzerwinskiRaymond J. DollJ. Roger GuffeyWayne W. MartinM. L. M otherseadRobert E. ThomasRankin
. EvansHamilton
G. C. Cochran, IIIRalph T. GreenJames A. ParkerT. J. SalvaggioE. W. Vorlop, Jr.
W. ReedCauthenStory
Carl H. Moore
James M. BrundyWesley G. DeVriesRichard C. DunnH. B. JamisonD. V. MastenLouis E. ReillyWilliam J. Sumner
James M.Gerald R
A. S. CarellaRobert C. DietzW. H. HutchinsThomas E. JudgeRix Maurer, Jr.Kent O. Sims
Davis. Kelly
W. M. Brown
A. GrantPaul W. <James J.
Holman"avanCurran
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F.R. BANKS AND BRANCHES—Continued
CONFERENCE OF PRESIDENTSThe Presidents of the Federal Reserve Banks are organized into a Confer-
ence of Presidents that meets from time to time to consider matters of com-mon interest and to consult with and advise the Board of Governors. At ameeting on March 20, 1972, Mr. Monroe Kimbrel and Mr. Philip E. Cold-well, Presidents of the Federal Reserve Banks of Atlanta and Dallas, wereelected Chairman and Vice Chairman, respectively, for the forthcoming Con-ference year. At the meeting on March 19, 1973, Mr. Coldwell and Mr. FrankE. Morris, President of the Federal Reserve Bank of Boston, were electedChairman and Vice Chairman, respectively, for the forthcoming Conferenceyear, ending with the March 1974 meeting.
At the March 1972 meeting, Mr. H. Terry Smith and Mr. Robert Smith, III,of the Federal Reserve Banks of Atlanta and Dallas, were appointed Secretaryand Assistant Secretary, respectively. At the March 1973 meeting, Mr. RobertSmith, III, and Mr. Herbert F. Wass, Federal Reserve Bank of Boston, wereappointed Secretary and Assistant Secretary, respectively.
CONFERENCE OF FIRST VICE PRESIDENTSThe Conference of First Vice Presidents of the Federal Reserve Banks
was organized in 1969 to meet from time to time, primarily for the consider-ation of operational matters. Effective May 2, 1972, Mr. Kyle K. Fossum(First Vice President of the Federal Reserve Bank of Atlanta) and Mr.T. W. Plant (First Vice President of the Federal Reserve Bank of Dallas)were elected Chairman and Vice Chairman, respectively, of the Conference.Mr. H. Terry Smith and Mr. Robert Smith, III were appointed Secretary andAssistant Secretary, respectively.
On May 1, 1973, the Conference elected Mr. Plant as Chairman and Mr.Earle O. Latham (First Vice President of the Federal Reserve Bank of Bostonuntil his retirement) as Vice Chairman, to be succeeded by Mr. James A.Mclntosh, upon his appointment as First Vice President of the Federal ReserveBank of Boston, effective June 15, 1973; and appointed Mr. Robert Smith,III, and Mr. Herbert F. Wass, as Secretary and Assistant Secretary, respec-tively, for the forthcoming Conference year.
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FEDERAL RESERVE BANKS ANDBRANCHES
(December 31, 1974)
CHAIRMEN AND DEPUTY CHAIRMEN OFBOARDS OF DIRECTORS
Federal ReserveBank of—
BostonNew YorkPhiladelphiaClevelandRichmondAtlantaChicagoSt. LouisMinneapolisKansas CityDallasSan Francisco
Chairman andFederal Reserve Agent
James S. DuesenberryRoswell L. GilpatricJohn R. ColemanHorace A. ShepardRobert W. Lawson, Jr.H. G. PattilloWilliam H. FranklinEdward J. SchnuckBruce B. DaytonRobert W. WagstaffJohn LawrenceO. Meredith Wilson
DeputyChairman
Louis W. CabotFrank R. MillikenEdward J. DwyerRobert E. KirbyE. Craig WallC. M. Kirtland, Jr.Peter B. ClarkSam CooperJames P. McFarlandRobert T. PersonCharles T. BeairdJoseph F. Alibrandi
CONFERENCE OF CHAIRMENThe Chairmen of the Federal Reserve Banks are organized into a Con-
ference of Chairmen that meets from time to time to consider matters ofcommon interest and to consult with and advise the Board of Governors.Such meetings, attended also by Deputy Chairmen of the Reserve Banks, wereheld in Washington on June 7 and December 5 and 6, 1974.
Mr. Robert W. Wagstaff, Chairman of the Federal Reserve Bank of KansasCity, who was elected Chairman of the Conference and of its Executive Com-mittee in December 1973, served in that capacity until the close of the 1974meetings. Mr. Roswell L. Gilpatric, Chairman of the Federal Reserve Bank ofNew York, and Mr. William H. Franklin, Chairman of the Federal ReserveBank of Chicago, served with Mr. Wagstaff as members of the ExecutiveCommittee; Mr. Gilpatric also served as Vice Chairman of the Conference.
On December 6, 1974, Mr. Gilpatric was elected Chairman of the Confer-ence and of its Executive Committee to serve for the succeeding year; Mr.H. G. Pattillo, Chairman of the Federal Reserve Bank of Atlanta, was electedVice Chairman of the Conference and a member of the Executive Committee;and Mr. John Lawrence, Chairman of the Federal Reserve Bank of Dallas,was elected as the other member of the Executive Committee.
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F.R. BANKS AND BRANCHES—Continued
DIRECTORS
Class A and Class B directors are elected by the member banks of the district.Class C directors are appointed by the Board of Governors of the Federal ReserveSystem.
The Class A directors are chosen as representatives of member banks and, as amatter of practice, are active officers of member banks. The Class B directors maynot, under the law, be officers, directors, or employees of banks. At the time of theirelection they must be actively engaged in their district in commerce, agriculture, orsome other industrial pursuit.
The Class C directors may not, under the law, be officers, directors, employees,or stockholders of banks. They are appointed by the Board of Governors as repre-sentatives not of any particular group or interest, but of the public interest as a whole.
Federal Reserve Bank branches have either five or seven directors, of whom amajority are appointed by the Board of Directors of the parent Federal ReserveBank, and the others are appointed by the Board of Governors of the FederalReserve System.
Termexpires
DIRECTORS District 1—BOSTON Dec. 31
Class A:Mark C. Wheeler President, New England National Bank, Bos-
ton, Mass 1974William M. Honey President, The Martha's Vineyard National
Bank, Vineyard Haven, Mass 1975Francis N. Southworth. .Chairman of the Board and President, Concord
National Bank, Concord, N.H 1976
Class B:W. Gordon Robertson.. General Trustee, Bangor, Maine 1974AlfredW. VanSinderen..President, The Southern New England Tele-
phone Company, New Haven, Conn 1975G. William Miller President, Textron Inc., Providence, R.I 1976
Class C:James S. Duesenberry.. .Chairman, Department of Economics, Harvard
University, Cambridge, Mass 1974Louis W. Cabot Chairman of the Board, Cabot Corporation,
Boston, Mass 1975Kenneth I. Guscott President, Ken Guscott Associates, Boston,
Mass 1976
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Termexpires
DIRECTORS—Con/. D i s t r i c t 2—NEW Y O R K Dec. 31
Class A:Norman B r a s s i e r . . . . . . . Chairman of the Board and Chief Executive
Officer, New Jersey Bank, N.A., Paterson,N J . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Newman E. Walt, Jr.. . . President, Adirondack Trust Company, Sara-toga Springs, N . Y . . . . . . . . . . . . . . . . . . . . . . . 1975
David Rockefe l le r . . . . . . Chairman of the Board, The Chase ManhattanBank, N.A., New York, N . Y , . . . . . . . . . . . . . 1976
Class B:William S. S n e a t h . . . . . . President, Union Carbide Corporation, New
Y o r k , N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Jack B. Jackson . . . . . . . .P res iden t , j . C, Penney Co., Inc., New Yorks
N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Maurice F. GranvIIe . . . .Chairman of the Board, Texaco, Inc., New
York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
doss C:Roswell L, Gilpatric... .Partner, Cravath, Swaine and Moore, Attor-
neys, New York, N.Y. 1974Frank R. M i l k e n , . . . . .President, KeiiEecott Copper Corporation,
New York, N.Y. 1975Alan P i f e r . . . . . . . . . . . . . P r e s i d e n t ^ Carnegie Corporation of New York,
New York, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . i§76
BUFFALO BRANCH
Appointed by Federal Reserve Bank:Theodore M. McClure. .President, The Citizens National Bank and
Trust Company, Wellsville, N . Y . . . . . . . . . . . 1974Claude F, Shuchter, . . , .Chairman and Chief ExecutiYe Officer, Manu-
facturers and Traders Trust Company,Buffalo, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
J. Wallace E l y . . . . . . . . . President, Security Trust Company of Roches-ter, Rochester, N . Y . . . . . . . . . . . . . . . . . . . . . . 1976
Daniel G. Ransom. . . . .President, The Wm. Hengerer Co., Buffalo,N . Y . . . . , . . . . , . . . . , . . . . , . , . . . , . . , , . . . . . . 1976
Appointed by Board of Governors:Norman F. B e a e h . . . . . . Vice President and General Manager, Kodak
Park Division, Eastman Kodak Company,Rochester, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Donald Nesb i t t . . . . . . . .Owner -Opera to r , Silver Creek Farms, Albion,N . Y , . . . . . , , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Rupert W a r r e n . . . . . . . . . Former President, Trlco Products Corporation,Buffalo, N . Y . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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Class A:John C. Tuten. . . . . . Chairman of the Board and Chief Executive
Officer, National Central Bank and NationalCentral Financial Corporation, Lancaster,P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
John H. H a s s l e r . . . . . . . . President, The City National Bank and TrustCompany of Salem, Salem, N J , . . . . . . . . . . . 1975
Thomas L. Miller. . . . . .President, Upper Oauphin National Bank,Millersburg, P a . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class B:C GrahamBerwind5 Jr.. .President and Chief ExecutiYe Officer, Berwind
Corporation, Philadelphia, P a . . . . . . . . . . . . 1974Bernard D. Broeker , . . Fxecutive Vice President, Bethlehem Steel
Corporation, Bethlehem, Pa.. . . . . . . . . . . . . 1975William S, Masland. . , . .President, C. H. Maskmd «& Suns, C "arlisle, Pa.. 1976
Class C:E. W. Robinson, J r . . . . President, Provident Home Industrial Mutual
Life Insurance Company, Philadelphia, P a . . . 1974Edward J. Dwyer . . . . . . .Chairman of the Board, ESB Incorporated,
Philadelphia, P a . . . . . . . . . . . . . . . . . . . . . . . . . 1975John R. Coleman. . . . . . President, Ha¥erford College, Ha¥erford» Pa . , . 1976
District 4—-CLEVELAND
Class A:A. Bruce Bowden. . . , . , .Retired Vice Chairman, Mellon Bank, N.A.,
Pittsburgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974DaYld L. Brumhack, Jr. .President, Van Wert National Bank, ¥an Wert,
O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Edward W. Barker. , . . .Chairman of the Board, First National Bank
of Middletown, Middletown, Ohio, . . . . . . . 1976
Class B:Donald E, N o b l e . . . . . , Chairman of the Board and Chief Executive
Officer, Rubbermaid Incorporated, Wooster,O h i o . . . . . . . . . . . . . . . . . . . . .. . . . . . . 1974
Rene C. McPherson., , .Chairman of the Board and Chief ExecutiveOfficer, Dana Corporation, Toledo, O h i o . . . . 1975
Charles Y. Lazarus , . , .Chairman of the Board, The F, & R. I a/arusCo., Columbus. Ohio. . . . , . , , . . . . . . . . . . . 1976
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Class C:Horace A. Shcpard. , .. .Chairman of the Board and Chief ExecutiYe
Officer, T E W Inc., Cleveland, O h i o . . . . . . . . 1974Otis A. Singletary. . . . . .President, University of Kentucky, Lexington,
K y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Robert E. Kirby. . . . . . . V i c e Chairman -Operations, Westinghouse
Electric Corporation, Pittsburgh, P a . . . . . . . . 1976
CINCINNATI BRANCH
Appointed by Federal Reserve Bank;E. Paul W i l l i a m s . . . . . . . C h a i r m a n of the Board, The Second National
Bank of Ashland, Ashland, K y . . . . . . . . . . . . 1974Paul W. Christensen, Jr..President, The Cincinnati Gear Company,
C i n c i n n a t i , O h i o . . . . . . . . . . . . . . . . . . . . . . . . 1975Robert E. H a l l . . . . . . . . . P r e s i d e n t , T i e First National l a n k & Trust
Company, Troy, O h i o . . . . . . . . . . . . . . . . . . . . 1975Joseph F. R j p p e , . . . . . . . P r e s i d e n t , The ProYldent Bank, Cincinnati,
O h i o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Graham E. M a r x . . . . . . . President and General Manager, The G. A.
Gray Company, Cincinnati, O h i o . . . . . . . . . . 1974Phillip R. Shr ive l* . . . . . . . President, Miami UniYersity, Oxford, O h i o . . . . 1975Clalr F . V o u g h . . . . . . . . . V i c e President, Office Products Division, IBM
Corporation, Lexington, K y . » , . , . , , . , » . . . . 1976
PITTSBURGH BRANCH
Appointed by Federal Reserve Bank:Charles F. Ward.......President, Gallatin National Bank, Uniontown,
P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Robinson F. Barker... .Chairman and Chief ExecutlYe Officer, PPG
Industries, Inc., Pittsburgh, P a . . . . . . . . . . . . . 1975Jerry A. Halverson.... .President, The First National Bank and Trust
Company of Wheeling, Wheeling, W. Va.... 1975M. E. Lambing, J r . . . . . .President and Chief Executive Officer, The First
National Bank of Pennsylvaniaf Erie, Pa. . . . 1976
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ITFTSJUfRCai BRANCH—Continued
Appointed by Board of Governors:Richard M. Cyert, . . . . .President, Carnegse-Mdion University, Pitts-
burgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Robert J. Buckley, . . . . .President, Allegheny-Ludlum Industries, Inc.,
Pittsburgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975G, Jackson Tankersley.. President, Consolidated Natural Gas Company,
Pittsburgh, P a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
District 5—•RICHMOND
Class A :Edward N. EYEHS. . . . . .President. Farmers and Merchants National
Bank of Cambridge, Cambridge, M d . . . . . . . 1974John H. L u m p k i n , . . . . .Chairman and Chief ExecutiYe Officer, The
South Carolina National Bank, Columbia,S C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Plato P. Pearson, J r . . . . . President, Citizens National Bank in Gastonia,Gastonia, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class B:Henry Clay Hofheimer. .Chairman, Virginia Real Estate Investment
Trust, Norfolk, V a . . . . . . . . . . . . . . . . . . . . . . . 1974Oshy L. W e i r , . . . . . . . . . R e t i r e d General Manager, Metropolitan
Washington-Baltimore Area, Sears, Roebuckand Company, Bethesda, M d . . . . . . . . . . . . . . 1975
Andrew L. Clark , . . . . . .P res iden t , Andy Clark Ford, Inc., Princeton,W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class C:E. Craig W a i , S r . . . . . . .Chairman of the Board, Canal Industries, Inc.,
Conway, S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Robert W. Lawson, Jr.. .Senior Partner, Charleston Office, Steptoe and
Johnson, Attorneys, Charleston, W. V a . . . . . 1975E, Angus Powell. . . . . . . C h a i r m a n of the Board, Lea Industries, Inc.,
Richmond, V a . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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BALTIMORE BEANCH
Appointed by Federal Reserve Bank:J. Pierre B e r n a r d . . . . . . . Chairman of the Boards The Annapolis Bank-
ing and Trust Company, Annapolis, M d , . . . 1974J. R. Chaffinch, J r . . . . . . President, The Denton National Bank, Denton,
M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975J. Stevenson P e c k . . . . . . Chairman of the Board, Union Trust Company
of Maryland, Baltimore, M d . . . . . . . . . . . . . . 1976Lacy I, Rice, J r . . . . . . . . . President, The Old National Bank of Martins-
burg, Martinsburg, W. Va., and President,Suburban National Bank of Martinsburg,Martinsburg, W. V a . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:James G. H a r l o w . . . . . . . President, West Virginia University, Morgan-
town, W. V a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974David W. Barton, Jr. . . .President, The Bar ton-d ie t Company, Balti-
more, M d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975I. E. K i l l i a n . . . . . . . . . . . Manager, Eastern Region, Exxon Company,
U.S.A., Baltimore, M d . . . . . . . . . . . . . . . . . . . 1976
CHARLOTTE BRAMCH
Appointed by Federal Reserve Bank:L. D. Coltrane, I I I , . . . .President, The Concord National Bank, Con-
cord, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974William W. Brunei*. . . . . Chairman of the Board and President, First
National Bank of South Carolina^ Columbia,S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Thomas L. B e n s o n . . , . .President, The Conway National Bank, Con-way, S . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
W. B. Apple, J r . . . . . . . . P r e s i d e n t , First National Bank of Reidsville,Reidsville, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Charles F. Bentoow.. . . . Senior ¥ice President, R. J, Reynolds Indus-
tries, Inc., Winston-Salem, N . C . . . . . . . . . . . . 1974Robert C. Edwards . . . . .President, Clemson University, Clemson, S .C . 1975Charles W. DeBell . . . . . .General Manager, North Carolina Works,
Western Electric Company, Inc., Winston-Salem, N . C . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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Class A:Jack P. K e i t h . . . . . . . . . President, First National Bank of West Point,
West Point, G a . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Sam I. Y a r n e l l . . . . . . . . ('hnirman, American National Bank and Trust
Company, Chattanooga, T e n n . , , . . , . . . . , , . 1975John T. Oliver, J r . . . . . . . President, First National Bank of Jasper,
Jasper, A l a , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class B:Ulysses V, G o o d w y n . . . .Executive ¥ ice President, Southern Natural
Resources, Inc., Birminglianij A l a . . . . . . . . . . 1974George W, Jenkins . . . . .Chairman, Publix Super Markets, Inc., Lake-
land, F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Robert T. Hornbeck. . . .Manager, Tennessee Operations, Aluminum
Company of America, Alcoaf T e n n , . . . . . . . . 1976
Class C:H. G. P a t t i l l o . . . . . . . . . President, Pattillo Construction Company, Inc.,
Decatur, Cm,.................. . . . . . . . . 1974F. Evans F a r w e l l . . . . . . .President, Milliken & Farwell, fnc, New Or-
leans, l . a . . . . . . . . . . . . 1975C. M. Kirtland, Jr.. . . President, Cox Broadcasting Corporation,
Atlanta, Ga. . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
BIRMINGHAM BRANCH
Appointed by Federal Reserve Bank:W. Eugene M o r g a n . . . . . President and Chief Executi¥e Officer, The
First National Bank of Huntsville, Hunts-ville, A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
John Alexander, J r . , . . . .President, City National Bank of Birmingham,Birmingham, A l a . . . . . . , . , . . , , , . . . , . , . , , . 1975
Clarence L. Ttirnipseed. President, First National Bank of Brewton,Brewton, A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
John Maples, Jr. . . . . . . . Executive Vice President, Union Bank & TrustCompany, Montgomery, A l a . . . . . . . . . . . . . . 1976
Appointed by Board of Gowernors:William C. B a u e r . . . . . . . P r e s i d e n t , South Central Bell, Birmingham,
A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Frank P. Samford, J r . . . , Chairman of the Board, Liberty National Life
Insurance Company, Birmingham, A l a . . . . . . 1975David M a t f a e w s . . . . . . . . President, University of Alabama, UniYersity,
A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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JACKSONVILLE BRANCH
Appointed by Federal Reserve Bank:Guy W. Botts . . . . . . . . . . ¥ice Chairman of the Board, Barmett Bank of
J a c k s o n v i l l e , N . A . , J a c k s o n v i l l e , F l a . . . . . . . . 1 9 7 4Michael J. F r a n c o . . . . . .Chairman of the Board, City National Bank of
Miami, Miami, F l a . . . . . . . . . . . . . . . . . . . . . . 1975William K. de Veer , . . . .President, First National Bank in Palm Beach,
Palm Beach, F l a . . . . . . . . . . . . . . . . . . . . . . . . . 1976Richard A. Cooper. . . . .Chairman of the Board, First National Bank
of New Port Ricfaey, New Port Richey, Fla . . . 1976
Appointed by Board of Governors:Gert H. W. Schmidt . . . .President, TeLeYIsion 12 of Jacksonville, Jack-
sonville, F l a , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974James E, L y o n s . . . . . . . . President, Lyons Industrial Corporation,
Winter Haven, F l a . . . . . . . . . . . . . . . . . . . . . . . 1975Egbert R. B e a l l . . . . . . . . President, Beall's Department Stores, Braden-
ton, F l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
NASHYILLE BRANCH
Appointed by Federal Reserve Bank:W. Bryan Wooda rd . . . . . Chairman of the Board, First Tennessee Na-
tional Bank, Kingsport, T e n e . . . . . . . . . . . . . 1974Robert E. C u r r y . . . . . . . . President, First National Bank of Pulaski,
Pulaski, T e n e . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975T. Scott Fillebrown, J r . . . President, First American National Bank of
Nashville, Nashville, T e n i i . . . . . . . . . . . . . . . . 1976Fred R. L a w s o n . . . . . . . . President, Mount National Bank of Mary vile,
MaryYiile, T e n e t . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Edward J. Bol ing. . . . . . .President , The University of Tennessee, Knox-
ville, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974John C. T u n e . . . . . . . . . . P a r t n e r , Butler, Tuee, and Entrekin, Attorneys,
Nashville, T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . 1975James W. L o n g » » . . . . . . President, Robertson County Farm Bureau,
Springfield, Tenn. 1976
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MEW ORLEAMS BRANCH
Appointed by Federal Reserve Bank:Archie R. McDonnell,. . President, Citizens National Bank, Meridian,
Miss.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Ernest F. Ladd, J r . . . . . .Chairman, The Merchants National Bank,
Mobile, A l a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975James H. J o n e s . . . . . . . . Chairman of the Board and Chief Executive
Officer, First National Bank of Commerce,New Orleans, L a . . . . , . , . . , . . . , . . , . . . . . . . 1976
Charles W. McCoy. . , . .Chairman of the Board and President, Lou-isiana National Bank, Baton Rouge, La . . . . . 1976
Appointed by Board of Governors:Fred Adams, J r . . . . . . . . . President, Cal-Maine Foods, Inc., Jackson,
M i s s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Edwin J, Caplan . . . . . . . P r e s i d e n t , Caplae's Men's Shops, Inc., Alex-
andria, L a . . . . . . . . . , . . . , , . . . , , . , , . . , . . , , 1975Floyd W. L e w i s . . . . . . . . President and Chief Executive Officer, Mid-
dle South Utilities, Inc., New Orleans,La, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
D i s t r i c t 7 — C H I C A G O
Class A:Floyd F. Whitmore.. . . .President, The Okey-Vemon National Bank,
Corning, I o w a . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Edward Byron Smi th . . . . Chairman of the Board, The Northern Trust
Company, Chicago, 1 1 1 . . . . . . . . . . . . . . . . . . . 1975Jay I, DeLay. . . . . . . . . . P r e s i d e n t , Huron Valley National Bank, Ann
Arbor, M i c h . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class J.-John T. H a c k e t t . . . . . . . . ExecutiYe Vice President, Cummins Engine
Company, Inc., Columbus, i n d . . , . . . . . , , . . 1974Oscar G. Mayer. . . . . . . .Chairman of the Executive Committee, Oscar
Mayer & Co., Inc., Madison, W i s . . . . . . . . . . 1975Paul V. F a r v e r . . . . . . . . . President, RolscreenCompany, Pella, I o w a . . . . 1976
Class C:William H, Frankl in. . . .Chairman of the Board, Caterpillar Tractor
Company, Peoria, 1 1 1 . . . . . . . . . . . . . . . . . . . . . 1974Petei B, Clark. . . . . . . . . C h a i r m a n and President, The Evening News
Association, Detroit, M i c h . . . . . . . . . . . . . . . . 1975Robert H. S t ro tz . . . . . . .Pres ident , Northwestern UniYersity, Evanstonf
I I I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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DETE0IT BRANCH
Appointed by Federal Reserve Bank:Harold A. Elgas . . . . . . . .Pres ident , Gaylord State Bank, Gaylord, Mich. 1974Joseph B. F o s t e r . , . . , , , President, Ann Arbor Bank and Trust Com-
pany, Ann Arbor, M i c h . . . . . . . . . . . . . . . . . . 1975Roland A. Mewhor t . . . . Director and Consultant, Manufacturers
National Bank of Detroit, Detroit, Mich . . . , 1975Robert M. S u r d a m . . . . . Chairman of the Board, National Detroit
Corporation, Detroit, M i c h . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Tom K i l l e f er . . . . . . . . . . .V ice President-Finance and General Counsel,
Chrysler Corporation, Detroit, M i c h . . . . . . . . 1974W. M, D e f o e . . . . . . . . . . Chairman of the Board, Defoe Shipbuilding
Company, Bay City, M i c h , . . . . . . . . . . . . . . . 1975Jordan B. T a t t e r . . . . . . . District Horticultural Agent, Cooperative
Extension Service, Michigan State Univer-sity, Paw Paw, M i c h . . . . . . . . . . . . . . . . . . . . . 1976
D i s t r i c t 8—ST. L O U I S
Class A:Edwin S. J o n e s . . . . . . . . .Chairman of the Board, First National Bank
in St. Louis, St. Louis, M o . . . . . . . . . . . . . . . 1974Win. E, W e i g e l . . . . . . . . . Executive Vice President, First National Bank
and Trust Company, Centralia, I I I . . . . . . . . . 1975Raymond C. Burroughs. President, The City National Bank of Murphys-
boro, Murphysboro, 1 1 1 . . . . . . . . . . . . . . . . . . . 1976
Class J.-James M. T u h o l s k i . . . . . President, Mead Johnson and Company,
Evansville, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Tom K. S m i t h . . . . . . . . . Group Vice President, Monsanto Company,
St. Louis, M o . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Fred I. Brown, J r . . . . . . . President, Arkansas Foundry Company, Little
Rock, A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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Class C.-E d w a r d J. S c h n u c k . . . . . C h a i r m a n of t h e B o a r d , Schnuck M a r k e t s ,
Inc. , Bridgeton, M o . . . . . . . . . . . . . . . . . . . . . . 1974S a m C o o p e r , , , , . , . . . , . Pres ident , H u m k o P r o d u c t s , Div is ion of
Kraftco C o r p o r a t i o n , M e m p h i s , T e e n . . . . . . . 1975H a r r y M . Y o u n g , J r . . . . . M e i r o s e F a r m , Herndon, K y . , . . . . , . . , , , , , , . 1976
LITTLE EOCK BRANCH
Appointed by Federal Reserve Bank:Thomas E. Hays, J r . . . . . President, First National Bank of Hope, Hope.
A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Thomas G. V i n s o e . . . . . President, First National Bank, Batesville,
A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Field W a s s o e . . . . . . . . . . President, First National Bank, Siloam Springs,
A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Herbert H. McAdams, If.Chairman of the Board and Chief Executive
Officer, Union National Bank of Little Rock,Little Rock, A r k . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Al P o l l a r d . . . . . . . . . . . . . President, Al Pollard and Associates, Little
Eock? A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974W. M, Pierce. . . . . . . . . . P r e s i d e n t , Arkansas Business Development
Corporation, Little Rock, A r k . . . . . . . . . . . . . 1975Roland R. Remind. . . . .Chairman of the Board, Southland Building
Products Co., Little Rock, A r k , . . . . . . . . . . . 1976
LOUIS¥ILLE BMAMCH
Appointed by Federal Reserve Bank:Hugh M. Shwab. . . . . . . C h a i r m a n of the Boards, First National Bank
of Louisville and First Kentucky Trust Com-pany, Louisville, K y , . . . . . . . . . . . . . . . . . . . . . 1974
Herbert J. S m i t h . . . . . . . President, The American National Bank andTrust Company of Bowling Green. BowlingGreen, K y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Tom G. V o s s . . . . . . . . . . President, The Seymour National Bank, Sey-mour, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Harold E. Jacksoo. . . . . .Pres ident , The Scott County State Bank, Scotts-burg, I n d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
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LOUISVILLE BRANCH—Continual
Appointed by Board of Governors:James C. Hendershot, . . President and Chief Operating Officer, Reliance
UniYersa!, Inc., Louisville, K y . . . . . . . . . . . . . 1974James H. D a v i s . . . . , , , , Chairman and Chief Executive Officer, Porter
Paint Co»5 Louisville, K y . . . . . . . . . . . . . . . . . 1975William H. Stroube. . . , .Associate Dean, College of Science and Tech-
nology, Western Kentucky University,Bowling Green, K y . . . . . . . . . . . . . . . . . . . . . . 1976
MEMPHIS BRANCH
Appointed by Federal Reserve Bank:Garner L. HIckman,. , , .Chairman and President, The First National
Bank of Oxford, Oxford, M i s s , . . . . . . . . . . . . 1974Ridley Alexander . . . . . . .Chairman, The Second National Bank of Jack-
son, Jackson, T e n n . . . . . . . . . . . . . . . . . . . . . . . 1975C. Bennett Harrison. .. .Chairman of the Board, Union Planters
National Bank of Memphis, Memphis, Tenn, 1975William M, Campbell.. .Chairman and Chief Executive Officer, First
National Bank of Eastern Arkansas, ForrestCity, A r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:C. Whitney Brown. . , , , .President, S, C. Toof and Company, Memphis,
T e n n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Jeanne L. H o l e y . . . . . . . Associate Professor of Business Education,
OniYersIty of Mississippi, University, Miss. . . 1975Robert E. H e a l y . , . . . , . . Parteer-ln-Charge of the Mid-South Area,
Price Water house & Co., Memphis, Tenn, . , . 1976
D i s t r i c t 9 — M I N N E A P O L I S
Class A:Roy H. Johnson, . . . . . . .Pres ident . The First National Bank of Negau-
eee, Negaunee, M i c h . . . , , . . . , . . . . . . . . . » . . 1974Da¥ld M. Smith . . . . . . . .Pres ident , The First National Bank of RJYer
Fails, River Falls, W l s . . . . . . . . . . . . . . . . . . . 1975Charles T. U n d l i n . . . . . .President, First National Bank of the Black
Hills, Rapid City, S. D a k . . . . . . . . . . . . . . . . . 1976
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Class B;John H. Ba i ley . . . . . . . . .P res iden t , The Cretex Companies, Elk River,
M i n e . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974David M. H e s k e t t . . . . . .President, Montana-Dakota IJlilitiesCompany,
Bismarck, N. Dak.. . . , . . . . . . . . . . . . . 1975Warren B. Jones. . . . . . .Secretary-Treasurer and General Manager,
Two Dot Land & Livestock ("o , Harlowton,M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class C:Bruce B. Dayton. . . , Chairman, of the Board, Dayton Hudson Cor-
poration, Minneapolis, M i n n . . . . . . . . . . . . . . 1974James P, McFarland. .Chairman of the Board, General Mills, Inc.,
Minneapolis, M i n n . . . . . . . . . . . . . . . . . . . . . . . 1975Howard R. Swearer.. .. President, Carieton College, Northield, Minn.. 1976
HELENA BRANCH
Appointed by Federal Reserve Bank:Robert I. P e n n e r . . . . . . . President, Citizens First National Bank, Wolf
Point, M o n t . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974John Re iche l . . . . . . . . . . . P r e s iden t , First National Bank in Bozeman,
Bozeman, M o n t . . . . . . . . . . . . . . . . . . . . . . . . . 1974Donald E. Olsson . . President, Eonan State Bank, Roeae, Mont.. . 1M75
Appointed by Boon! nj Governors:David G. D r u m . . . . . . . . C h a i r m a n of the Board and President, Montana
Beef Industries and T-Bone Feeders, Billings,M o n t , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
William A. Cordingley. .Publisher and President, Great Falls Tribune,Great Falls, M o n t . . . . . . . . . . . . . . . . . . . . . . 1975
D i s t r i c t 10—KANSAS C I T Y
Class J.-John A. O'Leary. , ,. .Chairman of the Board, The Peoples State
Bank, Luray, K a n s . . . . . . . . . . . . . . . . . . . . . . . 1974Roger D. Knight, J r . . . .Chairman of the Boardf United Banks of
Colorado, Inc., Dee¥ers C o l o . . . . . . . . . . . . . . 1975Philip H a n i m . . . . . . . . President, First National Bank and Trust Com-
pany, El Dorado, K a n s , . , . . . . . . . . . . . . . . . . 1976
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Class B;Frank C. L o Y e . , . , . . . . , Of Counsel, Crowe, DunieYy, Thweatt, Swin-
ford5 Johnson and Bur dick, Attorneys, Okla-homa City, O k l a . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Cecil O. B r a n c h . . . . . . . . President, C. O. Emrich Enterprises, Norfolk,N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Donald J. Ha l l . . . . . . . . . P r e s iden t , Hallmark Cards, Inc., Kansas City,M o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Class C:Robert W. Wagstaff. . . .Chairman of the Board and President, Coca-
Cola Bottling Company of Mid-America,Kansas City, M o . . . . . . . . . . . . . . . . . . . . . . . . 1974
Harold W. Andersen . . . . President, World Publishing Company, OmahaWorld Herald, Omaha, N e b r . . . . . . . . . . . . . . 1975
Robert T. P e r s o n . . . . . . . Chairman and President, Public Service Co. ofColorado, Denver, C o l o . . . . . . . . . . . . . . . . . . 1976
PEM¥EM BRAMCH
Appointed by Federal Reserve Bank:( ¥ a c a n c y ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Dale R. H i e m a n . . . . . . . Chairman of the Board, The Greeley National
Bank, Greeley, C o l o . . . . . . . . . . . . . . . . . . . . . 1974Felix Buchenroth, J r . . . . . President, The Jackson State Bank, Jackson,
W y o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Edward R. Lucero . . . . . . President and Chairman, Colorado Economic
DeYeioptneiit Association, Denver, Co lo . . . , 1974Maurice B. Mitchell. . . .Chancellor, University of Denver, Denver,
C o l o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
OKLAHOMA CITY BRANCH
Appointed by Federal Reserve Bank:Marvin M i l l a r d . . . . . . . . Retired Chairman of the Board, National Bank
of Tulsa, Tulsa, O k l a , . . . . . . . . . . . . . . . . . . . . 1974Hugh C. J o n e s . . . . . . . . . E i e c u t i Y e Vice President, The Bank of Wood-
ward, Woodward, O k l a , . . . . . . . . . . . . . . . . . . 1974W. H. M c D o n a l d . . . . . .Chairman of the Executive Coiflinittees The
First National Bank and Trust Company ofOklahoma City, Oklahoma City, O k l a . . . . . 1975
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OKLAHOMA CITY BRANCU—t.ontinu&t
Appointed by Board of Governors:Harley C u s t e r . . . . . . . . . . General Manager, Oklahoma Livestock Mar-
keting Association, Oklahoma City, Okla. . . 1974Joseph H. Wil l iams. . . . . President and Chief Operating Officer, The
Williams Companies, Tulsa, O k l a . , . . , , . , , . . 1975
OMAHA BRANCH
Appointed by Federal Reserve Bank:Edward W. L y m a n . . . . . Retired Chairman, The United States National
Bank of Omaha, Omaha, N e b r . . . . . . . . . . . . 1974Glenn Yaussi. , . . , . , . . .Vice Chairman of the Board, National Bank
of Commerce. Trust & Savings, Lincoln,N e b r , . . . . . . , . , . . . . . . . . . . . . . . . . . . . . . . 1975
Roy G. D I n s d a l e , . . . . . .Chairman of the Board, Farmers NationalBank of Central City. Central City, Nebr., . 1975
Appointed hy Board of Governors:Edward F. Owen. . . . . . .P res iden t , Paxton & Vierling Steel Company,
Omaha, N e b r . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Durward B. Varner. .President, University of Nebraska, Lincoln,
Nebr.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
D i s t r i c t 1 1 — DALLAS
Class A:A. W. Riter, J r . . . . ,. Chairman of the Executive Committee and
President, The Peoples National Bank ofTyler, Tyler, T e x . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Robert H. Stewart, III. .Chairman of the Board, First InternationalBancshares, Dallas, T e x . . . . . . . . . . . . . . . . . . 1975
Gene D. A d a m s . . . . . . . .President, The First National Bank of Sey-mour, Seymour, T e x . . . . . . , . . . . . , . , . , . , , . 1976
Class J.-Hugh F. S t e e n . . . . . . . . . President, El Paso Natural Gas Company,
Houston, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Thomas W. Herrick. , . .President, Galnes Cattle Company, Inc.,
AmariilG, Tex. . . . . . . . . . . . . 1975Stewart O r t o n , . . . . . . . . . .President, Foley's, Inc., Houston, T e x . . . . . . . . 1976
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Class C:Irving A, M a t h e w s . . . . . Chairman of the Board and Chief Executive
Officer, Frost Bros., Inc., San Antonio, Tex.. 1974Charles T. Beaird. . . . . . .Chairman of the .Board, Beaird-Poulan Divi-
sion, Emerson Electric Co., Shreveport, La.. 1975John Lawrence . . . . . . . . .Cha i rman of the Board, Dresser Industries,
Inc., Dallas, T e x , . . . . . . . . . . . . . . . . . . . . . . . . 1976
EL PASO BEANCH
Appointed by Federal Reserve Bank:Wayne S t e w a r t . . . . . . . . . President, First National Bank In Alamogordo,
Alamogordo, N. M e x . . . . . . . . . . . . . . . . . . . . 1974Reed H. C h i t t i m . . . . . . . President, First National Bank of Lea County,
Hobbs, N. M e x . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Sam D. Young, Jr. , . . . . President, El Paso National Bank, El Paso5
T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975C. J. K e l l y . . . . . . . . . . . . . P r e s i d e n t and Chairman of the Board, The
First National Bank of Midland, Midland,T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Gage H o l l a n d . . , . , . , , . .Owner, Gage Hollaed Ranch, Alpine, Tex.. . . 1974J, Luther D a v i s . . . . . . . . President and Chairman of the Board, Tucson
Gas & Electric Company, Tucson, A r i z , . . . . 1975Herbert M. Schwartz... .President, Popular Dry Goods Co.5 Inc., El
P a s o , T e x . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
HOUSTON BRANCH
Appointed by Federal Reserve Bank:Seth W. Dorband t . . . . . .Chairman and President, First National Bank
In Conroe, Conroe, T e x . . . . . . . . . . . . . . . . . . 1974Bookman Peters . . . . . . . .Pres ident , The City National Bank of Bryan,
Bryan, T e x , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Nat S. Roger s . . . . . . . . . .P re s iden t , First City National Bank of Hoes-
ton, Houston, T e x . . . . . . . . . . . . . . . . . . . . . . . 1975P. K. Stubblefield. . . . . .President, Victoria Bank & Trust Company,
V i c t o r i a , T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 7 6
Appointed by Board of Governors:( V a c a n c y ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Alvin I. T h o m a s . . . . . . . . P r e s i d e n t , Prairie View A & M University,
Prairie View, T e x . . . . . . . . . . . . . . . . . . . . . . . . 1975T h o m a s J. B a r l o w . , , , , .President and Chief Executive Officer. Ander-
son, Clayton & Co. , Houston, Tex., . . . . . . . 1976
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SAM ANTONIO BRANCH
Appointed by Federal Reserve Bank:Leon S t o n e . . . . . . . . . . . . President, The Austin National Bank, Austin,
T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Richard W. Calver t . . . . . President, National Bank of Commerce of San
Antonio, San Antonio, T e x . . . . . . . . . . . . . . . 1975W. O. R o b e r s o n . . . . . . . . Chairman of the Board, First National Bank
at Brownsville, Brownsville, T e x . . . . . . . . . . . 1975Ben R. L o w . . . . . . . . . . . President, First National Bank of Kerrville,
KerrviUe, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Marshall Boykin, I I I . . . .Senior Partner, Wood, Boykin & Wolter,
Lawyers, Corpus Christi, T e i . , . . . . . . . , . . , . 1974Pete J. Morales, J r . . . . . . President and General Manager, Morales
Feed Lots, Inc., Devine, T e x , . . . . . . . . . . . . . 1975Margaret S, Wi l son . . . . . Chairman of the Board and Chief Executive
Officer, Scarbroughs Department Store,Austin, T e x . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
D i s t r i c t 12—SAM F R A N C I S C O
(Wm t:Cor I f . S*:hroeder. . . . . .President, The First National Hank of Orange
County, Orange, Calif, . 1974JiHTti's I. Phi l l ips . . . . . . .President , First National Bank in Port Angeles,
Port Angeles, W a s h . . . . . . . . . . . . . . . . . . . . . . 1975\ W. c l o u s e e . . . . . . . . . P r e s i d e n t and Chief Executive Officer, Bank of
America, NT & SA» San Francisco, Calif... 1976
Class J.-Charles R. Dah l . . . . . . . .P re s iden t and Chief Executive Officer, Crown
Zellerbach Corporation, San Francisco, Calif. 1974Joseph Rosenb l a t t . . . . . . Honorary Chairman of the Board, The Eimco
Corporation, Salt Lake City, U t a h . . . . . . . . 1975Clair L. Peck. . . . . . . . . . C h a i r m a n of the Board, C. L. Peck Contrac-
tor, Los Angeles, C a l i f . . . . . . . . . . . . . . . . . . . 1976
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Class C.-Mas O j i . . . . . . . . . . . . . . . President, Oji Brothers Farm, Inc., Yuba City,
C a l i ! 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Joseph F. AMbrandi.. . . . President and Chief ExecutiYe Officer, Whit-
taker Corporation5 Los Angeles, Cal i f . . . . . . 1975O. Meredith Wilson, . , , President and Director, Center for Advanced
Study In the Behavioral Sciences, Stanford^C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
LOS ANGELES BRANCH
Appointed by Federal Reserve Bank:RayburnS. Dezember.. .Chairman of the Board and President, Ameri-
can National Bank, Bakersield, Cal i f . . . . . . 1974W. Gordon Ferguson. . , President, National Bank of Whittier, Whittles
C a l i f , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975Linus E. Southwick. . . . . President, Valley National Bank, Glendale,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976Robert A, B a r l e y . . . . . . . President, United California Bank, Los An-
geles, C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
Appointed by Board of Governors:Joseph R. Vaughan . . . . . President, Knudsen Corporation, Los Angeles,
C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Leiatid D. P r a t t . . . . . . . . President, Kelco Company, San Diego, Calif.. , 1975Armando M. Rodriguez.President, East Los Angeles College, Los
Angeles, C a l i f . . . . . . . . . . . . . . . . . . . . . . . . . . . 1976
PORTLAND BRANCH
Appointed by Federal Reserve Bank:Frank L. S e r v o s s . . . . . . . President, Crater National Bank of Medford,
Medford, O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . 1974James H. S t a n a r d . . . . . .Executive Vice President, First National Bank
of McMinnville, McMinnville, O r e g . . . . . . . . 1974LeRoy B. Staver. . . . . . . D i r e c t o r , United States National Bank of Ore-
gon, Portland, Oreg. , 1975
Appointed by Board of Governor:.:J o h n R . H o w a r d . . . . . . . P r e s i d e n t , Lewis and Cla rk College, Por t land ,
O r e g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974L o r a n L. S t e w a r t , . . . . . . President, Bohemia Inc. , Eugene, O r e u . . . . . . . 1975
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S\I .T LAk§\ r:?T> HKWCH
Appointed by Federal Rcw^vc Hank:Roder i ck H . Browning . .Pres ident , B a n k of U t a h , Ogden , U t a h , . . . . . . 1974
R o y W. S i m m o n s . . . . . . President , Z ions First Na t iona l Bank , Salt L a k e
City, U t a h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974Joseph B i a n c o . . . . . . . . . C h a i r m a n of t he Boa rd a n d President , B a n k of
I d a h o , N . A . , Boise, I d a h o . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:Sam H. B e n n i o n . . . . . . . President, V-l Oil Company, Idaho Falls, Idaho 1974Theodore C. Jacobsen. , . Partner, Jacobsen Construction Company, Inc.,
Salt Lake City, U t a h . . . . . . . . . . . . . . . . . . . . . 1975
SEATTLE BRANCH
Appointed by Federal Reserve Bank:Harry S. Goodfellow....Chairman of the tto:w\i and President, Old
National Bunk <>f Wellington, Spokane,W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1974
Robert C. Whi twam. . . . President, Amor ic,in Niuhmal Bank of Ed-monds, Edmonds, W a s h . . . . . . . . . . . . . . . . . . 1974
Joseph C. Baillargeon., . Chairman of the Board and Chief ExecutiveOfficer, Seattle Trust and Savings Bank,Seattle, W a s h . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1975
Appointed by Board of Governors:C. Henry Bacon, J r . . . . .President, C. H. B. Company, Seattle, Wash., , 1974Thomas T. H i r a i . . . . . . . President and Director, Quality Growers Com-
pany, Woodinville. Wash.. . . . . . . . . . . . . . . 1975
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PRESIDENTS AND VICE PRESIDENTS(December 31,1974)
FederalReserve
Bankor branch
Boston
New York. . .
Buffalo
Philadelphia.
Cleveland.. .
Cincinnati
Pittsburgh
Richmond. . .
PresidentFirst Vice President
Frank E. MorrisJames A. Mclntosh
Alfred HayesRichard A. Debs
David P. EastburnMark H. Willes
Willis J. WinnW. H. MacDonald
Robert P. BlackGeorge C. Rankin
Vice Presidents
D. Harry Angney*R. W. Eisenmenger*Niels O. Larsen*Bruce W. BeanNorman S. FielekeJay W. KimRichard E. RandallWalter T. SullivanJames T. Timberlake
Charles A. Coombs*T. M. Timlen,Jr.*W. H. Braun, Jr.Karl L. EgeEdward G. GuyJohn T. KeaneRobert E. Lloyd, Jr.Fred W. Piderit, Jr.F. C. Schadrack, Jr.F. L. SmedleyH. David Willey
Daniel Aquilino*T. F. Hunt, Jr.*Lee J. AubreyF. K. CummingsLuther M. Hoyle, Jr.D. A. PelletierLaurence H. StoneJ. M. Thayer, Jr.Richard A. Walker
AlanR. Holmes*Thomas O. Waage*Richard G. DavisGeorge GarvyP. B. Henderson, Jr.Leonard LapidusScott E. PardeeA. M. PuckettThomas C. SloanePeter D. Sternlight
Angus A. Maclnnes, Jr.
Hugh Barrie*A. A. Kudelich*Joseph M. CaseD. Russell ConnorRichard W. EppsW. Lee HoskinsG. William MetzWilliam E. Roman
W. H. Hendricks*George E. Booth, Jr.R. Joseph GinnaneHarry W. HuningT. E. Ormiston, Jr.Harold J. SwartVirginia L. Whitmer
Charles A.Robert E.Robert D.
Edward G. Boehne*Robert R. Swander*Hugh ChairnoffThomas K. DeschHiliary H. HollowayDonald J. McAnenyL. C. Murdoch, Jr.Kenneth M. Snader
John E. BirkyPaul BreidenbachWilliam J. HocterR. Thomas KingLester M. SelbyDonald G. Vincel
CerinoShowalterDuggan*
Samuel G. Campbell
Welford S. Farmer*James Parthemos*R. E. Sanders, Jr.*John G. DeitrickA. V. Myers, Jr.Aubrey N. SnellingsJames F. Tucker
John L. Nosker*John F. Rand*L. W. Bostian, Jr.William C. GloverC. D. Porter, Jr.Andrew L. TiltonJoseph F. Viverette
For notes see p. 374.
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserve
Bankor branch
Richmond—Cont.
Baltimore
Charlotte
Culpeper1
Atlanta
Birming-ham
Jackson-ville
Miami1
NashvilleNew
OrleansChicago
Detroit
St. Louis
LittleRock
LouisvilleMemphis
PresidentFirst Vice President
Monroe KimbrelKyle K. Fossum
Robert P. Mayo(Temporarily vacant)
Darryl R. FrancisEugene A. Leonard
Vice Presidents
Jimmie R. Monhollon *William E. Pascoe, IIIGerald L. WilsonStuart P. Fishburne*Boyd Z. EubanksJ. Gordon Dickerson, Jr.Albert D. Tinkelenberg
R. P. Forrestal* Billy H. Hargett*Arthur H. Kantner* Brown R. Rawlings*Harry Brandt W. R. CaldwellF. J. Craven, Jr. Charles D. EastDelmar Harrison Robert E. HeckWilliam G. Pfaff Pierre M. Viguerie
Hiram J. Honea
Edward C. Rainey*Vestus L. CrowW. M. DavisJeffrey J. Wells
George C. GuynnCarl E. Bierbauer* Ward J. Larson*James R. Morrison* Karl A. Scheld*Harry S. Schultz* Bruce L. Smyth*George W. Cloos Robert P. CornelisenLeRoy A. Davis F. S. DominickRudolph W. Dybeck Joseph G. KvasnickaRichard A. Moffatt William T. NewportDorothy M. Nichols Louis J. PurolWilliam Rooney R. M. ScheiderRoby L. Sloan Jack P. ThompsonCarl E. VanderWilt Allen G. Wolkey
William C. ConradRonald L. Zile
L. C. Andersen* D. W. Moriarty, Jr. *F. G. Russell, Jr.* Charles E. Silva*Ruth A. Bryant J. P. GarbariniW. W. Gilmore Jerry L. JordanJames R. Kennedy John F. Otting, Jr.Harold E. Uthoff
John F. BreenDonald L. Henry*L. Terry Britt
For notes see p. 374.
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F.R. BANKS AND BRANCHES—Continued
PRESIDENTS AND VICE PRESIDENTS—Continued
FederalReserveBank
or branch
Minneapolis .
Helena
Kansas City.
DenverOklahoma
CityOmaha
Dallas
El PasoHouston
SanAntonio
SanFrancisco..
LOSAngeles
PortlandSalt Lake
CitySeattle
PresidentFirst Vice President
Bruce K. MacLauryClement A. Van Nice
George H. ClayJohn T. Boysen
Ernest T. BaughmanT. W. Plant
John J. BallesJohn B. Williams
Vice Presidents
Thomas E. Gainor*J. A. MacDonald*F. J. CramerL. W. FerneliusD. R. HellwegClarence W. NelsonR. W. Worcester
Roland D.Graham*Melvin L. BursteinR. J. DreitzlerLester G. GableDavid R. McDonaldJohn P. Olin
Howard L. Knous
W. T. Billington*Raymond J. Doll*Donald G. BarnesJoseph R. EuansG. H. Miller, Jr.Sheldon W. StahlJohn F. Zoellner
H. R. Czerwinski*James R. Guffey*Thomas E. DavisWayne W. MartinM. L. MotherseadRobert E. Thomas
J. David Hamilton*
William GRobert D.
Robert H. Boy kin*G. C. Cochran, IIIRalph T. GreenW. M. PritchettThomas R. Sullivan
EvansHamilton
Tony J. Salvaggio*Leon W. CowanLarry T. HigginsHarry E. RobinsonE. W. Vorlop, Jr.
Fredric W. ReedJames L.Rasco R.
Cauthen*Story
Carl H. Moore
Wesley G. DeVries*KentO. Sims*Angelo S. CarellaRichard C. DunnWarren H. HutchinsThomas E. JudgeLouis E. Reilly
Gerald RJames M.
Donald V. Masten*James M. BrundyRobert C. DietzGordon HammondHenry B. JamisonRix Maurer, Jr.William J. Sumner
Kelly*Davis
William M. Brown
A. Grant HolmanPaul W. Cavan*James J. Curran
* Indicates Senior Vice President.1 Facility; not considered a branch.
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F.R. BANKS AND BRANCHES—Continued
CONFERENCE OF PRESIDENTSThe Presidents of the Federal Reserve Banks are organized into a Confer-
ence of Presidents that meets from time to time to consider matters of commoninterest and to consult with and advise the Board of Governors. At a meetingon March 19, 1973, Mr. Philip E. Coldwell and Mr. Frank E. Morris, Presi-dents of the Federal Reserve Banks of Dallas and Boston, were elected Chair-man and Vice Chairman, respectively, for the forthcoming Conference year,ending with the March 1974 meeting. At the meeting on March 18, 1974,Mr. Morris and Mr. David P. Eastburn, President of the Federal Reserve Bankof Philadelphia, were elected Chairman and Vice Chairman, respectively, forthe forthcoming Conference year, ending with the March 1975 meeting.
At the March 1973 meeting, Mr. Robert Smith, III, and Mr. Herbert F.Wass, of the Federal Reserve Banks of Dallas and Boston, were appointedSecretary and Assistant Secretary, respectively. Mr. Wass and Mr. Peter M.DiPlacido, of the Federal Reserve Bank of Philadelphia, were appointedSecretary and Assistant Secretary, respectively, at the March 1974 meeting.
CONFERENCE OF FIRST VICE PRESIDENTSThe Conference of First Vice Presidents of the Federal Reserve Banks was
organized in 1969 to meet from time to time, primarily for the considerationof operational matters. On May 1, 1973, Mr. T. W. Plant, First Vice Presidentof the Federal Reserve Bank of Dallas, was elected as Chairman; and Mr. EarleO. Latham, First Vice President of the Federal Reserve Bank of Boston untilhis retirement, as Vice Chairman of the Conference, to be succeeded byMr. James A. Mclntosh, upon his appointment as First Vice President of theFederal Reserve Bank of Boston, effective June 15, 1973. Mr. Robert Smith,III, and Mr. Herbert F. Wass were appointed Secretary and Assistant Secretary,respectively.
On May 8, 1974, the Conference elected Mr. Mclntosh as Chairman andMr. Mark H. Willes, First Vice President of the Federal Reserve Bank ofPhiladelphia, as Vice Chairman; and appointed Mr. Wass and Mr. Peter M.DiPlacido, as Secretary and Assistant Secretary, respectively, for the forth-coming Conference year.
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